Knowing When to Engage a Financial Advisor

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Everyone needs a financial advisor on their side

You’ve worked hard for your money, but how do you know if it’s working hard for you? Getting from here to there when it comes to your investment strategy can be a challenge to manage on top of your day-to-day responsibilities. If the prospect of planning for retirement or managing your investments seems daunting or unmanageable, then it might be time to let an expert help. With all large financial decisions, the key is to fully understand their effects before you make them.

When is it time to consider a financial advisor?

  • When you’re preparing for a big purchase or financial transaction - Whether you’re getting ready to buy a home or car, coming into an inheritance, or simply shaking up your financial situation, it’s important to consider the long-term implications for your financial future.  

  • When you have a big life event – From marriage to babies to changing jobs, all of these life events can have a major effect on your financial situation. An investment professional will be able to partner with you to plan and evaluate what you can afford (and when), or to help you adjust for any surprises life throws your way.

  • When you’re saving for college  - With the cost of higher education today, it’s essential to start saving early – and intelligently. By working with a professional, you can optimize your savings and eliminate or minimize the loans that you or your children might otherwise incur in the future.

  • When you’re planning for retirement – In order to make sure you’re able to maintain your lifestyle throughout retirement, it’s worth starting to plan as early as possible. Having the right 401k investment strategy that incorporates the right level of risk for you is essential to making sure you’re on track for a stress-free retirement.

Why Paceline Wealth Management?

We’re professional investors who take pride in helping individuals and families achieve their financial goals. As a Registered Investment Advisor (RIA), Paceline is required to act in your best interest at all times, and does not accept sales commissions. This means you can relax and focus on your life, knowing that your investments are working for you behind the scenes.

Contact us to today for a free, no-obligation consultation.

This blog was written by Jeremy Bohne, Principal & Founder of Paceline Wealth Management. Paceline is a fee-only investment advisor serving clients in the Boston area, and on a remote basis throughout the country. Paceline specializes in helping tech and biotech executives, physicians, and those seeking financial planning services.