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Thinking about retiring? Make sure you’ve reached these 6 must-hit milestones before you take the leap
Yahoo Finance· 2026-02-04 15:00
Advisor.com can quickly match you with an advisor who can guide you through your options. The platform’s advisors are fiduciaries, meaning they are legally obligated to act in your best interest.A trusted, pre-screened financial advisor can help you develop a solid retirement strategy and protect your wealth at any level.More than 90% of wealthy Americans work with financial advisors and report high satisfaction with the guidance they receive, according to a Bank of America survey (3). However, you don’t ha ...
5 Retirement Concerns a Financial Advisor Can Help You Address
Yahoo Finance· 2025-12-16 15:37
Group 1 - The importance of having enough money to retire is emphasized, highlighting that consistent contributions to an IRA or 401(k) do not guarantee a sufficient nest egg. A financial advisor can assist in investing retirement savings effectively and calculating a savings goal to ensure individuals are on track throughout their careers [3] - Ensuring that retirement funds do not run out is crucial. A financial advisor can help develop a withdrawal strategy tailored to individual income needs, health, and life expectancy, ensuring the nest egg lasts throughout retirement [4] - The timing of claiming Social Security benefits is a significant decision. A financial advisor can provide strategic advice on when to file for benefits, considering factors such as income requirements and health, and can help coordinate claims for couples to maximize benefits [7][8] Group 2 - Maintaining purchasing power in the face of inflation is a concern for retirees. While Social Security benefits adjust for inflation, rising living costs can erode retirement savings. A financial advisor can assist in creating a portfolio that protects against inflation [9]