Almost everyone needs a financial planner they can trust. The answer to why largely depends on your stage in life. Your goals will be different later in life than they are when you are young and just starting out. Most people are aware of why they might need a planner as they approach retirement, so this post will focus more on the reasons you should seek advice at a younger age.
Seeking advice early on
Your Most Important Asset
The most important reason to find a financial planner when you are young is that starting early with your savings plan can make a huge difference when you are ready to retire. Many people believe that they don’t need to think about retirement until they’re near that milestone, but the truth is that if you adopt this mindset, you may be left without enough money in the bank to get you through. The reason getting started early works so well is due to the power of compounding.