We have a review every three years to make sure we’re still where we want to be. And whenever we have some sort of major change, we will go and meet with him. Next year, our granddaughter will start her senior year of high school, so earlier this year we called our planner and asked him to help us figure out a way to help her pay for college. We’re lucky to be in a position to offer her that, and our planner had some great advice about how to proceed.
– Gerald, 70, Henderson, Nev.
About four years ago, after my mother died — she was 97! We spoke to our financial advisor. My mother had a long nursing home stay that was a major financial expense for her. So, unfortunately, most of her assets were used up on her care. She had a little money left, though, which I inherited. So we took it to our advisor, and he did an audit of our financial plan, which he had set up years earlier, and gave us some recommendations on what to do with it. It was good to see that we were still on track and in pretty good shape despite the market tumbling the way it did.
– Cora, 72, Jonesboro, Ark.