There has been big news in the financial services world as the Final Fiduciary Rule is being modified and expanded.
What is a financial advisor for?
"One view is that advisors have unique insights into market direction that give their client an advantage. The truth is that no one knows what will happen next in investment markets; soothsayer is not one of the roles a financial advisor should play. The value of a financial advisor is not dependent on the state of the markets; professional advisors help investors manage their emotions and stay invested over a long-term horizon, in order to have the best possible investment experience."Read more in this
Below is a helpful video on how much to save for retirement.