One major reason why people choose to work with financial advisers is for the peace of mind it gives them and their families – particularly if they’re experiencing financial stress. Financial stress can happen to anyone, no matter their age or background. It can have a profound and lasting impact on your health and relationships.
An adviser can help you analyse your finances and figure out where you can make changes to improve your financial situation. They can also help you consider important questions, like how you and your loved ones would cope financially if you were unable to work for a while due to an accident or illness.
They can make sure you have a financial safety net in place and proactively help you prepare for major life events that could impact your finances and goals.
With a strong financial plan, you can recover from a small setback that risks derailing your finances.