How to choose the right financial planner

It pays to take precautions, ask the right questions, and identify and stay focused on your goals.
People tend to get a little too carried away about what miracles the adviser offers them. The adviser’s role is to be a good listener and a prudent steward of that person’s money.
Choosing a Financial Planner #1. Get recommendations: [...]

Retirement Planning Mishaps

We all make mistakes. The key, of course, is catching them early and correcting them before the damage is irreversible.
Retirement planning, with all its moving parts – finances, families, health care and legal issues – presents lots of opportunities to get things wrong.
With that in mind, we asked some pros to talk about the more [...]

Start Squirreling Away Funds For Your Retirement

Investing for retirement is not something everyone does ahead of time. Many people do not get started because they feel that their retirement is several decades away and they can get to it in good time. Almost everyone under estimates the resources, mainly cash, that are required to retire with a certain quality of life. [...]

Questions to Ask About Your 401k Rollover

There are many factors to take into consideration when rolling over your 401k. Whether you have recently retired, or have simply switched employers, the following article outlines six questions to ask when determining what is best for you.
401k Rollover choice 1) Figure Out Your Retirement Needs and How You Should Use Your Retirement Funds
Retirement [...]

Invest in a Financial Advisor to Jump Ahead when the Economy Bounces Back

With today’s economic climate, people are cutting cost wherever they can, even in financial planning. FinancialAdvisor.net recommends one area that should not be slimmed back on is the investment with a financial advisor or a financial planner.
Minneapolis, Minn. (Vocus/PRWEB ) July 16, 2009 — The current economy is pushing families to cut back on expenses [...]

Retirement traps and how to avoid them

If you’re at the age when retirement is more than a distant light, there are some traps you should avoid to make it easier to get there.
Retirement Tip #1. Deferred annuities. Immediate cash annuities may have a place in your retirement income plan, but the insurance industry is pushing a variety of high cost, hidden [...]

Personal Finance : Should you dump your adviser?

Just a couple of years ago, “financial planner” was showing up on lists as one of the best jobs in America. It paid well and was satisfying work. But that was pre-Madoff, and pre-meltdown.
Now those same advisers are under fire, and having a lot less fun. They are working harder than ever trying to prove [...]

How To Do a Background Check on Your Financial Advisor

Before you make a major purchase – car, television, refrigerator- most likely you’ve done some extensive research to ensure you are making the right decision.   One of the most important decisions that investors make is choosing the right financial planner to work with.  Surprisingly,  more than 70% of all investors do not do a [...]