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Here are eight ways theycould help you save smart, not hard.
Budget Mastery
The plain and simple truth is you oughta know where your cash is actually going.
Debt Demolition
Got a pile of bills giving you nightmares?
Welcome to the (horrible) club!
Santiago said many people nearing retirement are juggling some kind of debt.
Heres where your advisor becomes your new best friend.
Mortgage Makeover
Is your mortgage eating up a chunk of your income?
Time to put it on a diet.
Transportation Transformation
Your wheels might be costing you more than you think.
Santiago said a big slice of a retirees budget pie often goes to transportation costs.
Heres where an advisor can come in, helping you figure out how to make your transportation costs shrink.
Whether its a new set of wheels or transitioning out of owning a car, an advisor can help.
Expense-Tracking Ninja Skills
Remember that budget we talked about earlier?
Its not a set it and forget it deal.
Santiago said an advisor can help you manage day-to-day expenses and trim costs that you just dont need anymore.
It might be time to bid farewell to that gym membership you havent used since 2019.
Investment Wizardry
Your retirement savings shouldnt just sit there looking pretty.
By optimizing your investment portfolio, a financial advisor can help increase your retirement income, he said.
They can suggest reallocation or diversification strategies to maximize returns and mitigate risks.
Tax-Slashing Strategies
Taxes in retirement?
Yep, unfortunately theyre still a thing.
Less money for Uncle Sam means more for your retirement adventures.
Or the best way to balance risk.
If you are looking to cut expenses, they can help with income strategies to maximize your retirement income.
That includes advice on rollovers, long-term care planning and asset preservation.
Agood financial advisorcan help you trim the fat without sacrificing the flavor of your retirement years.
Your future self (and your wallet) will thank you.
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