When you seek guidance from a professional financial advisor, do you know to which standard your advisor must comply? Is it the lower “suitability” standard or the higher “fiduciary” standard? With the fiduciary standard, the registered investment adviser (RIA) is legally required to act for the sole benefit of and in the best interest of […]
financial planner
Do I Have Enough to Retire?
Clients frequently ask me this question. My response is generally that my licenses are to practice law in Virginia, Maryland, and the District of Columbia, not give financial advice. I encourage them to seek professional guidance as they work through developing an answer to their question. What about those online calculators? Search for “retirement calculator” […]
