The Street, January 2017
As more Americans, especially Baby Boomers, prepare to navigate the complicated course of retirement, they are increasingly turning to professionals for financial and retirement advice.
According to a survey by the CFP Board, in the last five years the use of financial advisors has increased significantly — from 28% in 2010 to 40% in 2015. But still, according to Society of Actuaries, only 48% of pre-retirees and 55% of retirees consult with a financial advisor or planner to help with financial planning or retirement planning.