Pay for Financial Advice? For Many, It's a Good Plan Washington Post (08/12/01) Vol. 158, No. 6 p.H01; Singletary, Michelle
Most people do not mind paying for the services of a financial
planning professional. People that are educated about the importance of
saving efficiently for retirement understand the need for expert advice,
and most are not opposed to spending money to get this advice. Today's
consumer understands that knowing the answers to questions such as, "Do
I pay off the balance of my credit card debt with cash from my savings
or with money from my 401(k)?" or "Do I have enough life insurance?"
pays off in the long run. Having the answers to these questions also
gives the planning consumer peace of mind.