Star Tribune - Free financial advice without the third degree - FP Day coverage, October 8, 2015
I'll bet many of us would rather endure a colonoscopy than meet with a financial planner. Either way we're going to be asked very personal questions and suffer through physical or financial probing.
Only 11 percent of Minneapolis residents have developed a written plan to address their financial goals with an advisor, according to a 2015 Planning & Progress study. for Northwestern Mutual. Any of us can easily come up with reasons that we avoid planners.
- They're going to tell me I'm not saving enough.
- They're going to ask how much money I make.
- They're going to put me on a strict budget.
Here's the good news: At a free event called Financial Planning Day, anyone can sit down with a financial planner for 15 to 30 minutes where you control the questions.