There are no fast and hard rules when you should contact or hire your own advisor. You can get recommendation your friends, relatives or colleagues. Be open to meet and chat with the them so you will know which advisor will fit you the most.
You should start a financial planning for yourself as early as you got your first job and paid cheque or even can be as late as when you are in your 40s or 50s year old.
Do always remember that whatever you plan now is for your future. It is your responsibility.
It depends your existing portfolio, financial health, budget and risk profile. Your advisor should able to give recommendation and advise after they have done a proper financial needs analysis with you.
Financial planning covers all aspects of a person’s financial well-being. This includes savings, investments, retirement and college savings plans for your children, insurance coverage and estate planning.
Retirement planning covers only investment made for retirement.
While your financial planner may make a different recommendation based on your particular circumstances, it's a good idea to see him or her twice a year. You should also consider making an appointment in anticipation of life-changing events such as marriage, the birth of a child, divorce, or after inheriting a large amount of money.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual.
All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.
Comments are welcome. However, the blog owner reserves the right to edit or delete any comments submitted to this blog without notice due to
The blog owner is not responsible for the content in comments.
This policy is subject to change at anytime.