Financial planners help their clients navigate the volatility of financial markets, plan for retirement, and crush their money goals. If making large financial decisions overwhelms you or you worry you aren’t making the right choices, it might be time to get an objective opinion. A financial planner can help steer you in the right direction if you are learning how to invest, plan for retirement, or need general guidance on allocating your financial resources. A financial planner is a financial professional who helps you make sense of your finances. They can help you assess your current financial situation and plan your future financials. Unfortunately, financial planners aren’t just a one-size-fits-all approach. Some financial planners focus on investments, others on taxes, and some on helping clients make sense of their current finances, including getting out of debt. No matter your reason for using a financial planner, they all work as fiduciaries. They operate in your best interest and not to secure higher commissions for themselves. They help you get from where you’re at to where you want to be financially by setting goals and showing you the steps to reach them. Here are a few examples of how financial planners can help: ● Saving for retirement ● Saving for college ● Buying a house ● Minimizing your tax liability ● Estate Management Like any service, always know what they charge before you agree to use their services. Financial planners charge for their services, but usually in different ways, including: ● Percentage of assets under management ● Flat fee ● Per hour ● Quarterly fee As you can see, working with a financial planner can often times be confusing. This video will help you understand how financial planners work, their fees, and so much more. Timestamps: 0:00 Financial Planners 101 1:04 What Financial Planners Can Help You With 1:24 Financial Planner Fees and Expenses Analyzed 1:30 Robo-Advisors 1:58 Online Financial Planning Services 2:17 Local Financial Planners 2:40 Is It Safe to Work with a Financial Planner? 2:54 How to Choose a Financial Planner 3:30 Quick Recap Don't forget to follow us on Instagram - @SimpleMoneyLyfe https://www.instagram.com/simplemoneylyfe/ DISCLAIMER: SimpleMoneyLyfe is not a financial adviser. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing, and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer, or other professional. SimpleMoneyLyfe is not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video. #money #investing #financialplanning #finance #personalfinance