99 and Feeling Better Each Day! 99 and Feeling Better Each Day! Reva Gornbein Finds the Secret to Independence Thursday, March 12, 2020 0 Reva Gornbein, age 99, shares how she remains active, lives independently, and the secret to her longevity. Read more
Volunteers Assisting Seniors Volunteers Assisting Seniors Saving Hundreds of Lives with Devotion and Compassion Thursday, March 12, 2020 0 Leslie Katz, Jewish Senior Life FRIENDS Director, expresses an amazing story of outpouring of volunteers during the extremely challenging time of the global Coronavirus pandemic. Read more
Smartphones & Caregivers Smartphones & Caregivers Caregiving Made Easier Thursday, March 12, 2020 0 Smartphones can help make caregiving more manageable by scheduling appointments, managing medications, shopping for supplies, finding discounts, and creating a small community around your loved... Read more
Smart Phones, Safety, and Seniors Smart Phones, Safety, and Seniors So Many Benefits Thursday, March 12, 2020 0 Your smart phone has the power to keep you connected and safe. Whether you use your phone for entertainment, socializing, brain-training, as a financial tool, or keeping your body healthy and... Read more
Laurie Blume / Wednesday, March 11, 2020 / Categories: Financial, Advance Planning Choosing A Financial Advisor Tips and Advice What are seven key issues to consider when choosing a financial advisor? Do not hire the first financial advisor you meet. Interview at least a few advisors before picking the best one for you. Choose an advisor whose specialty will meet your needs. For those of us who are gracefully greying it is important to find someone who specializes in retirement planning. Pick an advisor whose strategy is compatible with your needs. How conservative should you be? Do you want to go into stocks, bonds, index funds, a blend? These are all important issues to discuss with a prospective advisor. Always check references. Ask about credentials. What tests has the financial advisor passed. What are his or her certifications? Be careful of branding. Just because an advisor is with a major investment house, does not necessarily mean that he or she will meet your needs. Understand how the advisor is paid. Is it a flat rate, a percentage of your assets under management? Will it be based upon commissions by mutual funds? This can be a serious conflict of interest. Be wary of churning an account to generate fees. These are just some basic points. They are important especially when it is dealing with your future and financial health. How to Choose a Financial Planner is an interesting article published by the WSJ that is worth the read. Print 17756 Tags: Financial Financial Planning More links How to Choose a Financial Advisor - NerdWallet How to Choose a Financial Planner - The Wall Street Journal How to Choose a Financial Advisor - U.S. News How to Choose a Financial Planner - AARP How to Choose a Financial Adviser - Kiplinger Related articles Key Financial Tips - Don’t Panic! A Tale of Two Losses: Your Memory & Your Money Can't Pay Your Taxes? The Perils of Caregiving: Protecting Finances Daily Money Management The Cost of Long-Term Care Reverse Mortgages for Seniors Saving for the 3 Stages of Retirement Seniors and Reverse Mortgages Don't Panic!