Retirement planning is a complex, personal process that’s best accomplished with the help of a professional. A retirement planning advisor in Orange County can help you determine the right investment strategy for your situation and goals and assess whether you’re on track toward fulfilling those goals.
Finding an Advisor
To find a retirement planning advisor in Orange County, look for the CFP designation. This certification is an internationally recognized symbol of excellence, indicating that the holder has met rigorous education and experience requirements and follows ethical standards.
Ask Questions
When meeting with a retirement planning advisor, you’ll be asked questions about your goals, finances, and investments. Your advisor will want to know what you expect from retirement and how much money you need to save to live comfortably. You may also be asked about your risk tolerance as part of your retirement planning services.
Create a Plan
A retirement planning advisor can help you create a plan tailored to your personal goals so that you can focus on the big picture and avoid pitfalls like spending too much money or not saving enough.
The word “plan” may conjure images of spreadsheets, but it doesn’t have to be as complicated as that. A simple plan might be a list of steps, such as opening a Roth IRA account or starting to contribute money toward an employer-sponsored 401(k). It could also be more complex.
If you found this information helpful and would like to explore more, please visit Cooke Wealth Management.
