How to Choose the Right Financial Advisor for Retirement

Many Canadians are hesitant about financial advisors, seeking guidance without being sold unnecessary products. For those who prefer DIY finance, an hourly advisor may suffice, while others should hire a professional. Advisors vary in focus, from investment growth to specialized services for different life stages. Compensation models include fee-based and fee-for-service. It's crucial to understand fees and ensure value. Selecting a trustworthy advisor is essential for achieving financial goals, especially as retirement approaches.

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