A thought about choosing a Financial Planner/Advisor
Updated: Mar 25
“I have a print out that shows my retirement projections. Is there anything more I should expect from a financial plan?”
Yes – absolutely!
There was a study done a while ago in operating rooms where a checklist made complication rates go down and survival rates go up.
Why? Do checklists make doctors smarter and nurses more capable of performing their tasks? No, it just reminded them of things they needed to think about in order to deal with everything they needed to deal with to make sure everything went well and according to plan.
Financial plans are the same and retirement is only a portion of your financial decision making. You have current spending, banking, insurance decisions, will and estate planning – all kinds of other things that are not even on the radar of a retirement plan.
And, at the end of the day, a printout will not make your retirement work – you need consistent, on-going advice to see these things through to the end.
So beware of the checklistless surgeon – and financial planner!
Chris Worby is a Trusted Regina based financial advisor and Wealth Management services provider servicing local Regina households and businesses. Since 2001, Chris has been committed to providing a high standard of financial service to individuals, families and business owners. Chris listens and provides a personalized financial plan.