Welcome back to Widow, Wisdom & Wealth! In this episode, we tackle the common complaints that arise during the financial planning process. Whether you feel like your advisor is taking too much risk, your account isn’t growing the way you’d like, or you don’t understand your financial plan, we’ll discuss which concerns are well-founded, which are based on misconceptions, and offer insight on how retirees can best navigate their financial future.

Don’t miss out on this episode’s valuable insights and practical advice, as Donna offers guidance to help you navigate these common planning concerns. Listen in as we discuss the importance of having open communication with your advisor and gaining clarity about the services they offer. By doing so, you can ensure that you have the right professional by your side.

Here’s some of what we discuss in this episode:

  • If you feel like your advisor is taking too much risk, it’s important to assess your risk tolerance and align your investment portfolio accordingly
  • Your account’s performance may not match the market’s performance. It’s essential to consider your unique circumstances, investment goals, and risk tolerance when evaluating returns
  • Understanding the various fees associated with your investments and financial planning
  • Effective communication with your financial advisor is key. They should be able to explain complex concepts in a way that makes sense to you
  • Recognizing the difference between financial planning and asset management

If you are interested in any of the topics we discussed, please reach out and we would be happy to help you navigate your financial situation.