Do I Really Need a Financial Advisor?
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All right, let's go straight to the phone lines. We've got a local john whose in Clarks filled tennesee. What's going on? john?

嘿， jay, hi.

How are you? We're doing good. How can we help today?

I uh so the question head is ah i'm i'm body to households incomes around one hundred and eighty thousand just recently got out a baby step two, about half three baby step three right now and coming out of had a sequence a little bit with baby steps before I learned about the actual baby step program. Okay i've got about two. Yeah I OK i'm not .

matter to right.

Okay appreciate. Um so my question is I have a financial advisor uh or retirement account through um that Jones k um my question is I have a fairly decent understanding of the especially through after reading financial peace and take money make over about the types of uns, not time for each of being in the baby steps just a regular food card guy. Is that necessary for me to have a financial, if I can best in the your growth and grow and come best account? Yes, I am more the.

Right now, if all you're doing is you you're in your four one k and you say, OK, i'm going to just choose the funds that I want in there at this point maybe and you feel very confident about what you're selecting. But on down the line, you're probably gonna want to talk to someone because you're gonna want to talk about when is the best time to retire. Had to set yourself up for retirement if you're planning on retiring early, what you need to have in place in order to have that, whether or not you have enough in raw versus traditional, all of those things are going to pop up. And so i'm not telling you that today you have to get someone on board, but I think that on down the line, you're gonna want that person to give you a little bit more direction and to teach you, uh and help you to a navigate that time period of life a little bit more clearly.

yes. So john, if you're just using a financial advisor to choose a few funds, you probably don't need one if you feel comfortable doing IT on your own. But there is a lot more complexity that comes with life when you're talking about multiple investments, high income streams, businesses, you're nearing retirement, you need specialized advice, you have major life events.

Maybe you you switch jobs and you got an old foreign k, you want to roll IT over things like that. You have a kid and you want to set up a college savings account. Maybe there's more state and tax planning things that you may not be thinking through.

And so you don't need one as soon as you hit baby step, but eventually you're going to need one. And generally, you'll know because you will go, boy, I need to run this by somebody. This feels a little too complex for me.

And by the way, when that time comes, just like we talked about with the insurance coverage check up, I would use a smart vector pro because I know that they've been veit by ramsey folk. And so there's part of that, that I want I want to work with people who kind of know the financial path i'm on. They understand financially how I how I do things, and they're not going to tell me to do something that's off that path.

And so get set up with a smart vesta pro. You can do that by going to gram y solutions dot com slash smart vester when the time comes. That's a very good question. I like that.

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