The question that we're going to be answering on today's episode of Ready for Retirement is a pretty simple one. And it is at what age should I work with a financial advisor? This is a question that came up recently on a YouTube video I did where I walked through a case study, showing some different tactics we use for a client to set them up for a much better financial situation than they were currently in. And someone said, hey, this looks great. At what age should I consider

working with a financial advisor? And so that's what we're going to be talking about on today's

episode. This is another episode of Ready for Retirement. I'm your host, James Connell,

and I'm here to teach you how to get the most of the life with your money. And now, on to the episode.

And I want to start this episode by first saying that I don't believe everyone needs to work

with a financial advisor. I have met plenty of people who are doing some really great things,

some really great planning, send themselves up for success, and they don't have a financial

advisor. They're either on it because they enjoy studying this. They watch lots of YouTube videos. They listen to lots of success. They don't have a financial advisor. They're either on it because they enjoy studying

this. They watch lots of YouTube videos. They listen to lots of podcasts. They not only have the

interest, but they also have the capabilities and the demeanor and the temperament to do this

successfully on their own. So this isn't something where I'm going to be saying, hey, everyone

needs a financial advisor. And at this age, this is when you should be doing it. Because in fact, it's not even an age thing. Even if you do need a

financial advisor, there's not a specific age at which it happens. What I mean by that is I've seen

plenty of 50, 60, 70 year olds who really don't need a financial advisor. They're doing things on their own or their

situation is simple enough where there's not really a whole lot of value that a financial advisor

could provide. Now contrast that to many other examples where we have several clients in their

20s and 30s and 40s, even though a lot of the work that we do is primarily geared towards people

who are approaching or in retirement, many people

who are much younger that have reached out to us. And we're able to do substantial work, some really

meaningful work because their situations are far more complex. It's selling businesses. It's

complicated stock compensation. It's just a whole bunch of complexity with their personal lives

where there is a tremendous amount of value to have in a financial advisor for that.

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