As you continue to progress in your working career, you begin to face more complex issues surrounding how to better grow and preserve your income and wealth. If you have a family, your income is further stressed from the demands of growing children. Some of the key issues you may face are:
We’ve been handling finances on our own up to this point, but things are really getting more complicated. Should we hire a financial advisor and on what issues can they provide us help and guidance?
- How can we reduce our income taxes?
- I’ve recently changed jobs. What are the pros/cons of leaving my investments in my old 401(k) vs rolling them over to an IRA?
- What’s my retirement number? How much should I save toward this goal to be able to someday be financially independent?
- Should we buy a bigger house or stay put?
