I have been a housewife for years and my husband is now retired. His 401(k) is in safe investments, but should we hire an advisor to grow the money?

I have been a housewife for years and my husband is now retired.  His 401(k) is in safe investments, but should we hire an advisor to grow the money?

Question: My husband and I are trying to figure out if we need a financial advisor. He’s retired and I’ve been a stay-at-home spouse since 2005. His 401(k) is still with his employer, even though he’s retired. We don’t need it to meet our monthly obligations. We would like the 401(k) to grow. However, the … Read more

I intend to retire at 62. I get $1,500 a month in rental income and have $200,000 in savings. Should I ask a financial advisor to help me?

I intend to retire at 62.  I get ,500 a month in rental income and have 0,000 in savings.  Should I ask a financial advisor to help me?

Question: I plan to retire at 62. I have $200,000 in savings and have a paid-for rental home with a rental income of $1,500 per month. My house where I live is paid for too. I don’t know what to do with my savings. How could a financial adviser help me? What do you recommend? … Read more

I have been a housewife for years and my husband is now retired. His 401(k) is in safe investments, but should we hire an advisor to grow the money?

I have been a housewife for years and my husband is now retired.  His 401(k) is in safe investments, but should we hire an advisor to grow the money?

Getty Images/iStockphoto Question: My husband and I are trying to figure out if we need a financial advisor. He’s retired and I’ve been a stay-at-home spouse since 2005. His 401(k) is still with his employer, even though he’s retired. We don’t need it to meet our monthly obligations. We would like the 401(k) to grow. … Read more