Most conventional wisdom is that once you retire you don’t need any more help managing your money because your savings plan is complete. Not true. A recent survey found 94% of retirees working with a financial professional discovered it to be helpful. The survey was completed by Thrivent Financial. It showed advisers can help retirees manage the emotional financial decisions in addition to the normal managing and withdrawal strategies. I agree that most people overlook managing behavior when it comes to managing money. An adviser helps mediate those thoughts and prevent poor, uninformed decision making. Have an adviser on your side and make sure he or she will support you emotionally, too.
