As retirement looms, many people are concerned about their ability to earn an income in advancing years and take care of their families. Working with a financial advisor will help you achieve your goals, as these experts can assist you in planning for post-working years while helping you get the most out of your investments. If you fall into any of the following categories, talk with an advisor today.

3 Reasons to Work With a Financial Advisor

You’re Unsure if Your Savings Are Sufficient

It’s difficult to know whether your savings are sufficient for retirement. A financial advisor is essential to help you determine how much money you’ll need to live comfortably after you stop working. Not only will you have to account for daily living expenses, but you’ll also have to anticipate unexpected costs, such as those needed for home repairs or medical treatments. An advisor will help you make these determinations.

You Receive a Yearly Tax Refund

While most people look forward to receiving a yearly tax refund, this can actually indicate you’re paying too much. If you overpay on your taxes, you’re not getting any interest from the federal government. The same amount of money in your bank account or invested in other areas can earn interest. A financial advisor can help make sure you’re paying the proper amount in taxes so you get the most out of your hard-earned money.

You’re Not Sure How Much You’re Paying for Investments

While 401(k) accounts are considered to be benefits from your employer, you are responsible for some expenses. You could be spending far more on applicable fees than you realize, which can affect how much money you keep at the end of the day. With the right information from a financial advisor, you can be fully aware of how much you’re on the line for in terms of costs.

When you need a qualified financial advisor to help you get the most out of your money, it pays to work with a trusted financial planner from Family Financial Partners. Headquartered in Lexington, KY, their team of financial advisors and investment planners has helped numerous clients work towards a secure life of retirement since 2005. Call (859) 219-1006 for an initial consultation or go online to learn how they can help you today.  You can also visit feeforplan.com for more information about financial plans tailored to your unique stage of life.