Benefits of Working with a Financial Planner - as part of the expert series by GeoBeats.
Benefits of Working with a Financial Planner
I am Carol Friedhoff with Savvy Outcomes. Some people may wonder how a financial planner can benefit them. Well, first of all, a financial planner is going to make sure that you're OK financially. And do you have an adequate plan to achieve your goals? And you may say, well, what does that all mean? First of all, do you have cost-effective and adequate insurance, so that you're prepared for the unexpected? And also, do you have a solid estate plan, so that if something happens to you, your beneficiaries and loved ones are taken care of? In addition, you may be interested in lawfully minimizing your taxes, and a financial planner can help with that. But most importantly, they make sure that you have a savings plan and an investment plan that will help you achieve those goals, and you're making the right financial decisions. So that you save for retirement, you save for a home, you save for the goals that you want to achieve.