If managing your money was easy, no one would have crippling debt, and no one would file for bankruptcy. Unfortunately, it’s not easy for everyone. At OWLFI, our team of financial advisors can help you manage your money to ensure you’re financially stable now and in the future. If you’ve never met with a financial advisor in Lenexa, KS, and you’re not sure when you should, we have six times when it’s a good idea to meet with one.

You start a new job

Rarely does a new job mean an entirely lateral movement, meaning your finances aren't likely to stay exactly the same after you make a professional change. Anytime there’s a change in your income, you should speak with your financial advisor to help you reorganize your savings and investment accounts. You can make necessary adjustments to ensure you’re maximizing the money you take home and tuck away for the future.

A change in marital status

Your marital status significantly affects how much you pay in taxes each year. Whether you get married or divorced, you’re going to want to see how that impacts your money. Meet with your financial advisor right away, so you can make necessary changes to how you allocate your money.

You’re starting to plan for retirement

Planning for retirement isn’t easy. Projecting how your money will grow over several decades takes a certain level of expertise that not everyone has. Your financial advisor understands what it takes to invest, save, and spend strategically to get prepared for retirement.

You’re preparing your estate

It’s never too early to start preparing your estate. The unthinkable can happen at any moment of any day, so it’s essential that your family and assets are protected. Meeting with a financial advisor is a great start to preparing your estate and ensuring your money will go exactly where you’d like it to after you pass away.

You’re worth $250k

If you’ve never met with a financial advisor during any of the previously mentioned times in your life, accruing a net worth of $250,000 is large enough that you should be managing your money with help from a professional. Your financial advisor will teach you what you should be doing to manage your assets to keep them protected as well as guide you through investing and continuing to grow your wealth.

You’re going to invest

Investing can be a bit like gambling. You never know for sure if your money will grow or get swallowed up in a market crash. An advisor can provide you with useful advice that will guide you through the investment process while providing you with opportunities that meet your financial goals. For example, if you’re willing to play the market aggressively, you might be presented with high-risk, high-reward investment opportunities. In contrast, someone who wants to play it safe will want low-risk, low-reward investments. Your advisor can walk you through the pros and cons of each.

Reach out to schedule an appointment

Of course, you don’t have to wait until you experience any of the significant life events listed above; you can come in to meet with our financial advisors in Lenexa, KS, at any time. Send a message or call our team at 913-441-8380. Our OWLFI team is loaded with financial experts who can assist you in putting together a plan for your money that will help to keep you stable for many years before and into retirement.