Many people have misconceptions about financial planning that hold them back from meeting with an advisor. Perhaps they feel that they are too busy, they have had negative experiences with advisors in the past, or they feel that they know enough to do it themselves.
Whatever the reason, consider this: Americans with a long-term financial plan are more than twice as likely to feel “very confident” about reaching their financial goals*. Meeting with a planner can guarantee a financial plan that ensures peace of mind now and financial stability in the future.
This being said, here are four common misconceptions people have about financial planning that may prevent them from enjoying the benefits of this service.