Reasons to Work with a Financial Advisor by Decade
20s – How should I invest my 401k? How much should I be saving for retirement? Which loans should I pay down first?
30s – How much house can I afford? How much should I save for my child’s college? Which 529 plan is best? Do I need life insurance? Am I on track for my retirement goals? Should I be making Roth or Traditional 401k contributions?
40s – Would it be a horrible financial decision to switch careers? How much company stock should I keep in my portfolio? Should I invest in real estate?
50s – When should I start to tone down my portfolio risk for retirement? What will retirement look like for me? How do I know how much I can spend from my portfolio in retirement? Who can help reinforce good investment habits for my children? Do I still need life insurance?
60s – How do I start taking more from my retirement accounts? Which account should I take from first? When should I take Social Security? Who should I talk to about Medicare?
70s, 80s, and 90s – Do I have enough to be comfortable? Who will be watching these investments when I start to see cognitive decline? Who can help make sure I’m on a good track? How can I simplify my financial life? What’s the best way to give money to my kids or charity?
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