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How to Determine If Your Financial Advisor Is Doing a Good Job Each Year

WiserAdvisor

Seeking professional advice can provide valuable insights and a roadmap to achieve your financial goals with strategic planning. Regular updates should include insights into market conditions, economic trends, and how these factors impact your investments. The decision to hire a financial advisor is a prudent move.

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Late Start on Retirement Savings? How to Try and Catch Up in Your 50s

WiserAdvisor

It offers tax-deferred growth and, in many cases, matching employer contributions. IRAs offer similar tax benefits as 401(k)s, high contribution limits for those aged 50 and older, and help accelerate your savings growth. Contributions to tax-deferred retirement accounts like 401(k)s and IRAs offer the advantage of tax-deferred growth.