Have you ever found yourself asking “Why use a financial advisor when I can already handle my own finances?” The truth of the matter is that beyond balancing your own checkbook, there is more to your financial profile.

For example, you have to make choices for your 401 (k). As part of this, you need to make sure you are choosing the right stocks and investments to ensure you are protected when it comes time to retire. After all, someone who is closer to retirement who needs to reduce the risks being taken will have different needs from a 21 year old who will have longer for their investments to grow and mature.

Another area of concern is how children will be taken care of should you pass away. The problem is too often people in their 20s and 30s don’t plan for the financial security in many of life’s ‘what if’ scenarios. Because of this, it is important you have a financial advisor guide you through the process and ensure that whether you live or die, your entire family is properly protected and secure for as long as possible.

Financial advisors are also important for giving you the kick you need to take action. Often, people have very vague goals for their finances. In some cases, these can be as simple as, “I want to have money.” This is another thing you should look at if you are asking the question “Why use a financial advisor?” What you will find is that this professional is going to guide you in the right direction and ensure you are going to be set when retirement comes.

Although you may think you have a grip on things, a financial advisor can still give you the help you need. Take a few minutes to speak with a professional and ensure you are headed down a path that keeps you financially protected. In some cases, the brutal honesty and realistic approach may give you a needed wake-up call.