People tend to conceptualize financial advisors as people who only help mega-wealthy individuals and families, but this isn’t accurate. Financial advisors, believe it or not, common;y assist middle-class families who need help with planning for retirement, saving for their children’s college, buying a home, and taking care of other major financial goals.
To decide if you need to hire a financial advisor or what type of advisor to hire, you need to first ask yourself some questions and assess your comfort level with making financial decisions.