Why You Should Work with a Financial Planner

Why You Should Work with a Financial Planner

April 25, 2022
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Why You Should Work with a Financial Planner

It’s important that you have the skills to manage your finances and make important financial decisions for your future. However, even the most financially savvy individual can benefit from working with a financial planner. Doing so can offer you many benefits and more confidence in your finances, both now and in the future. Here are just a few of the benefits of working with Conversion Financial Services and financial professionals like us.

Prepare for Unexpected Changes

Many DIY retirement plans are focused on a specific number—a savings goal that must be reached before retirement. However, retirement planning involves much more than reaching a savings goal. You must be able to plan for unexpected risks and changes in your future, including:

  • Living longer than expected
  • Needing long-term care at home or in a care facility
  • Higher-than-average inflation rates
  • Higher medical bills
  • Market declines that impact your investments
  • And more

Our financial planner can help you navigate and plan for these risks, so that you can feel confident in your retirement years, no matter how things might change down the road.

Plan for Income Distribution

In addition to helping you save more effectively, a financial advisor can also help you plan for how that income will be distributed in your retirement. Shifting from a lifetime of earning and saving to living off of those savings can be difficult for many new retirees. A financial advisor helps you to determine the best, most tax-efficient way to manage your retirement income, so you can ensure you have consistent income every month and that your expenses will be covered.

Customize Your Financial Strategy

Many people who try to handle their own financial planning rely on cookie-cutter advice and financial planning templates that they find from other sources. While these can be a decent building block with which to start, they should not form the heart of your retirement plan. Your needs are unique, and they will change over time. Having a financial advisor gives you access to a professional who can help you
adapt, customize, and pivot your financial plan as needed year after year, so you stay on track to your goals.

Take the Burden Off Your Shoulders

Managing every aspect of your finances can be a serious burden and create a lot of stress. Our goal is to relieve you of that burden by taking the bulk of financial planning and investment management off your
shoulders. While we’ll always keep you informed and involved in the process and decisions surrounding your financial plan, our comprehensive services allow us to manage your investments and finances effectively, so you can focus on what matters most.

Are you ready to take the first step, and start creating a better financial plan for your future? Contact the financial advisors at Conversion Financial Services today.

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