There are plenty of routine money management situations that you can handle as part of your daily or weekly financial plan. But especially as you get into your retirement years and financial management becomes more structured as your wealth accumulation has reached a maximum, you should really look for the help of a good financial advisor. Remember, you are entrusting this financial advisor to manage your live savings, so it’s important to do your homework.
Many advisors may claim to be “experts,” but make sure you check their accreditations. For a good place to learn more about professional designations and for tips on choosing an investment advisor, the Financial Industry Regulatory Authority (FINRA) has a website at www.finra.org.
The FINRA is not part of the government. It’s an independent, not-for-profit organization authorized by Congress to protect investors by making sure the securities industry operates fairly and honestly. Making sure you protect your future is your top priority, and doing a little due diligence now will really pay off in the future.
Questions? You can call me, Keith Mooney, at 1-847-382-2600 or visit mooneylyons.com. All of us at Mooney Lyons are here to help ease the complexity and reduce the anxiety in the many areas of retirement planning.