How Are Financial Planners Compensated?

How Are Financial Planners Compensated?

“You get what you pay for” – especially when it comes to paying for professional advice. If you want good, sound professional advice, you’ll probably have to pay for it. How you pay for it will vary, according to the compensation method used by your Certified Financial Planner (CFP).  Be sure the compensation method is suited to your particular needs and situation.

Read More

What are Annuities, What/Who Are They For?

What are Annuities, What/Who Are They For?

During your working years you took home a regular paycheck (weekly, bi-monthly or monthly), and you paid for everything with its proceeds, rent, mortgage, auto, food, utilities, clothes, vacation, entertainment, the kids and inverted for your retirement. Now, you are retiring and your paychecks will stop. You will switch from receiving a steady income to paying your ongoing bills.

Read More