• Edmonton Financial Planner

4 Signs You Need a Financial Planner

In a world that revolves around a do-it-yourself mentality, it’s easy to understand why people choose to do their own financial planning. Unfortunately, this can backfire.


A financial planner is someone who is knowledgeable about financial management and skilled at creating plans that work for different situations. It’s an expertise that many people don’t naturally possess.


While a financial planner can be a great help to anyone, the following are four major signs that working with one is right for you.

1. You Have Goals


Most people have goals they hope to achieve in life. While those goals can be as varied as the people setting them, some common goals include:

  • Starting a business

  • Saving for their kids’ college education

  • Buying a home

  • Taking family vacations every year

  • Taking a trip to another country

  • Retiring early

  • Living debt-free

  • Building an emergency fund

  • Leaving an inheritance for children


All of these are excellent goals, but they all require resources. Often, gathering these resources can be difficult when dealing with a low income or lack of clarity. A financial planner can help you come up with a strategy to achieve these goals that suits your specific situation.

2. You Earn Money


If you earn an income, a financial planner is a good idea. It’s understandable that people who have a low income think a financial planner is unnecessary, but that’s not usually the case.

Regardless of the amount of money you make, the key to success is ensuring that it goes in the best direction. A financial planner helps you determine that direction so that you can optimize the money you make.

3. You’re Getting Ready for Changes in Life


Do you have a baby on the way, a child getting ready to head off to college, or a new career you’re about to start? Or maybe you’re preparing for a big move or marriage?


Navigating such transitions can be difficult and overwhelming. Having someone by your side to help you manage the financial aspect can help make the transition smoother.

4. You Hope to Retire Someday


Just because you retire doesn’t mean your expenses do. The fear of not being able to cover those expenses can keep one working long past retirement age. And sadly, many people that do retire find themselves back to work after discovering they don’t have the money to cover necessities.


A financial planner can help by taking a full view of your expenses and building an appropriate retirement savings plan. They can also help find ways to cut down on your expenses, and help you build an effective investment strategy that can provide income past retirement.

As a Certified Financial Planner, my job and goal is to help you live the life you desire by achieving your financial goals. Contact me today to discuss your goals, your financial situation, and how I can help.


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