Which Situations Call For A Financial Advisor? (Part 3)
Are you thinking about utilizing financial planning services? While financial guidance isn’t always needed for every financial decision or situation, there are certain situations where people can most benefit from financial planning services and where it’s wise to seek out financial advice. Here are some situations where help from a financial advisor would be most beneficial:
You Want To Be Financially Independent
One situation that may require the assistance of a financial planner is if you are looking to become financially independent. Financial independence entails having enough income to pay your living expenses for the rest of your life without having to work or be financially dependent on others. In order to achieve financial independence, careful and long-term financial planning is required so that you can save up enough money to be able to achieve financial independence later on in life.
You Recently Got Married or Divorced
Another situation where you may find yourself in need of some financial advice is if you just recently got married or divorced. Since marriage and divorce have an impact on your finances and also your financial plans, it’s important to get a financial expert’s input on your finances after major life events occur that can affect your finances.
You Need Help Managing Your Parents’ Finances
Lastly, if you have a parent or parents whose finances you’re responsible for and you need help managing their finances, then you may need to recruit a financial advisor to assist you when it comes to managing their finances. It can feel overwhelming sometimes to take over and manage someone else’s finances on top of your own and to ensure that you’re making the best financial decisions you can for them, which is why it’s a good idea to utilize financial services in situations like that.
To learn more about our financial planning services, don’t hesitate to contact Michael Rebischke, your local financial planner near Rosemount MN, today.
I'm Michael Rebischke, and as a wealth advisor, my job is to help you manage your financial affairs, and put a plan in place so you can focus on enjoying the life you want to life. As life continues to evolve, the impact of every financial decision is greater than ever. I work together with my clients, providing them with easy-to-understand recommendations, and helping them implement them every step of the way.