Make the most of your plan with financial advice

Financial advisors aren’t just for people with lots of money. They can help anyone who wants to make smart choices for their future. Advisors can make retirement planning easier, point out benefits you might have missed, and keep your retirement plan on track. They can help you focus on the present, knowing your savings and investments are being taken care of for the future.  

Let’s look at some of the ways a financial advisor can help.

The benefits of a financial advisor

They’re focused on you

Your goals, life, and finances are unique to you, which is why a financial advisor creates a plan that’s tailored to your situation. An advisor can save you time and effort by developing strategies that look at the bigger picture of your financial situation. This makes sure your group savings plan works well with other saving goals you might have, such as buying a home, saving for education, or preparing for future healthcare costs.

Saving, investing, and planning also come with a lot of confusing options and terms—an advisor can help. Financial advisors can explain all those financial terms and concepts and guide you through all the details of your plan. They can also help you optimize employer contributions and make the most out of tax-advantaged group savings.

They can help with more than your savings

Retirement planning is more than just setting aside money—it's about making your savings work smarter. Advisors show you how to save on taxes, help you set up your health coverage, and choose investments that tie all your finances together so that you maximize your income in retirement.

They help you adapt to change

Life and the economy are constantly changing, and your financial plan should be able to keep up. By maintaining an ongoing relationship with your advisor, you can make sure your retirement plan stays on track, even when things change. This support can make a big difference, especially when you’re facing a transition and need to adjust all your finances at once.

People who work with an advisor are less stressed. Here’s the proof.

Retirement planning can be complex and time consuming. It requires strategy development, research, and ongoing adjustments. A financial advisor can take care of these tasks for you so you can spend less time worrying about reaching your goals.

Past survey data shows that people with financial advisors:

• Are nearly twice as likely to feel more confident about their finances
• Save more effectively and stay on track for retirement
• Are less likely to be affected by economic changes