As a senior, you may be retired and enjoying some well-deserved free time. But, even if you aren’t actively earning more income, that doesn’t mean your expenses have gone away. Financial advisors aren’t for everyone. Financial advisors will cost money, so you should decide whether the extra expense is worth it for you.
Sooner or later most of us will have to face the reality that we can’t do everything that we once did at home and sometimes life can get a little lonely, particularly if you are living alone.
Many seniors have spent years building equity in their homes, but once they reach their retirement years, they find that their cash funds are limited.