Only 40% of American baby boomers have enough saved to retire comfortably. Here’s how to claw your way back up

In fact, research from Vanguard shows that working with a financial advisor can add about 3% to net returns over time (4). That difference can become substantial. For example, if you started with a $50,000 portfolio, professional guidance could mean more than $1.3 million in additional growth over 30 years, depending on market conditions and your investment strategy. This is supported by Envestnet research, which found a similar 3% boost when working with a financial advisor (5).If you want to ensure you’re ...