Question by Adman2020: Where is the best place to turn to find good financial advice regarding my family’s retirement?
I am 43 and my daughter is 4. I am starting late on saving for retirement and would like to set aside money for my daughter’s education. I am considering hiring a CFA to set up some accounts to accomplish both these goals. Aside from liking the CFA’s approach, I have little knowledge of his background and track record. Is there a good way to approach the situation and sift through the over abundance of funds and options available? I hope to retire in about 20 years and send my daughter to four years of college. Is there any hope of accomplishing these goals, with little set aside so far?
Best answer:
Answer by Katherine W
Try this website for advice: www.choosetosave.org.
For the CFA, ask for three references. Call them and ask them how he did for them. Also check if he’s appropriately registered as a business and has some sort of credentials to give advice.
I also like Money Magazine and Kiplinger’s Personal Finance Magazine.
Good luck!
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