Retirement planning: What to know about financial advisers Planning for retirement can be daunting, so millions of Americans use a financial adviser. But there's a whole world of financial advice that many people don't need to learn about. Robert Powell sits down with Michael Kitces, Buckingham Wealth Partners head of planning strategy, and wealth management student Reeya Patel at the 2024 Schwab Impact event to discuss everything you need to know about financial advising. Kitces and Patel offer unique insights into financial advising and how changing technology and culture shifts can affect retirement planning. For instance, many assume that technology displaces professionals, but in the adviser space, so far, that hasn't been the case. "We get to spend more time helping clients to the full breadth of their financial needs," Kitces said. Kitces also discussed alternative financial adviser fee models, saying, "Not everybody wants or needs to hand over their portfolio and say manage all the money things." Yahoo Finance's Decoding Retirement is hosted by Robert Powell and produced by Austin Rivera. Find more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement. Thoughts? Questions? Fan mail? Email us at [email protected]. #youtube #news #retirement
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