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The Value of a Financial Advisor

The Value of a Financial Advisor

February 24, 2017
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The Capital Group, home of American Funds one of the largest mutual fund families in the United States, writes about the real benefits of working with a Financial Advisor Want a Better Retirement? Use an Advisor.   The article cites a simulation performed by Morningstar which found that investors working with a Financial Advisor had 23% more wealth at retirement than those who chose to go it alone.  

What would 23% more wealth mean in retirement?  Perhaps you could use the extra money to visit a country you would otherwise never see.  Maybe the extra money could be used to help pay for your grandchildren's education.  Or possibly you can donate the extra wealth to help feed the homeless.  No matter how you decide to use the extra wealth I am sure it will lead to a more fulfilling retirement!