Global View Investment Blog

Worried About Your Retirement? A Fiduciary Can Help

October is Financial Planning Month, a time dedicated to highlighting the importance of planning for your financial future. If you're concerned about retirement, you're not alone. Many people feel overwhelmed by the complexities of saving, investing, and planning for their golden years. That's where a fiduciary investment advisor can make a significant difference.

 

What is a Fiduciary?

A fiduciary is a professional who has a legal obligation to act solely in your best interests. Unlike other financial advisors who may have conflicts of interest, fiduciaries are held to a higher standard of care. They prioritize your needs over their own, ensuring that you receive unbiased and objective advice.

 

How a Fiduciary Can Help You Navigate Retirement

A fiduciary investment advisor can provide invaluable guidance throughout your retirement planning journey. 

 

Here are some of the ways they can assist you:

  • Comprehensive Financial Planning: A fiduciary will work with you to create a personalized financial plan that addresses your specific goals and concerns. This plan will encompass various aspects of your financial life, including retirement savings, investment strategies, estate planning, and risk management.
  • Investment Management: Fiduciaries can help you select appropriate investments based on your risk tolerance, time horizon, and financial objectives. They will continuously monitor your portfolio and make adjustments as needed to ensure it remains aligned with your goals.
  • Retirement Income Planning: As you approach retirement, a fiduciary can assist you in developing a sustainable income plan. They will help you determine how much you can withdraw from your savings without depleting your funds prematurely.
  • Estate Planning: Fiduciaries can work with you to create an estate plan that protects your assets and ensures a smooth transition of wealth to your beneficiaries. This may involve drafting wills, trusts, and other estate planning documents.

 

Why Choose a Fiduciary Investment Advisor?

When it comes to your retirement, choosing a fiduciary investment advisor can provide you with peace of mind. 

Here are some of the key benefits:

  • Objectivity and Transparency: Fiduciaries are legally obligated to act in your best interests, ensuring that you receive unbiased advice.
  • Personalized Guidance: A fiduciary will work closely with you to understand your unique financial situation and develop a customized plan.
  • Risk Management: Fiduciaries can help you identify and mitigate potential risks that could impact your retirement security.
  • Peace of Mind: Knowing that you have a trusted advisor looking out for your financial well-being can provide you with peace of mind.

 

If you're worried about your retirement, don't hesitate to reach out to a fiduciary investment advisor. At Global View Investment Advisors, we are committed to helping our clients achieve their financial goals. Contact us today to schedule a consultation.

Erin Milner

Written by Erin Milner

Erin works as a paraplanner alongside our Advisors in managing client relationships and special financial planning needs, including retirement transition, education, and estate planning. Erin began working in the financial advisory business upon graduating from the University of Georgia with a BS in Financial Planning in 2015. She competed in the National Financial Planning Student Challenge in 2014. Erin is a member of the Financial Planning Association. She volunteers at Habitat for Humanity as a Financial Assessor.

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