When do you hear about ‘’financial planner’’ what comes first to your mind?
A lot of people think about a skilled, knowledgeable, experienced and certified expert who can give them financial advice, especially when it comes to investment. That’s a great place to start in this time, but it doesn’t paint the full picture. Financial advisors from the top companies can help you with a bunch of other money goals too.
A good financial planner USA helps you create innovative strategies for eliminating financial risk and building wealth over the long term. They can give you a proper plan that puts you on track to achieve those financial goals.
Financial advisors don’t come in the one-size-fits-all package because they have different certifications, degrees, and licenses. They come from different backgrounds and offer clients a range of services like socially responsible investing. Because of that, they can do much more than explain confusion myths and help you pick mutual funds.
Below, in this blog we have shared some of the different types of financial planners you might meet across during your financial journey:
• Financial Counselors
• Investment Professionals
• Tax Professionals
• Wealth Managers
• Financial Planners
Each one of them is qualified to help you reach different financial goals. Let’s check out some of the services a financial advisor can help you with.
Health and Long Term Planning
According to a recent study, a 55-year-old couple retiring in 2021 can expect to pay almost $220,000 for health care costs during their retirement.
What are you able to do to organize for those major expenses therein chapter of your life? A financial advisor—like investment advisors in US—can explain your options for long-term care insurance. Then you'll choose an idea that’s affordable both now and within the future, when you’ll need it the foremost.
Retirement
What does your dream retirement from the job look like? Do you want to explore the world? Visit your grandkids? Start your own business? No matter what you are dreaming for, you need to be stable income streams to carry you through 2 or 4 decades or more.
A certified financial counselor will help you not only build wealth but also protect it for the long term. They can estimate your project financial needs for life and strategize ways to stretch your retirement savings.
Tax Planning
No one of us likes taxes, dealing with taxes can feel overwhelming when you start earning. Especially as you grow your wealth in the organization and get closer to retirement. A specialized tax professional in your city can explain in English how taxes will impact your finances.
Their ultimate goals are to minimize your tax burden while providing the best possible returns in your account.
If you need a financial advisor who comes alongside you to educate and encourage you as you work towards your goals. BeniGro LLC is a registered financial company who provides the best robo advisors 2021 for every individual client. Working with us enables you to get your money to work!
