Charlotte Retirement Planning Firm, Hobart Financial Group, Comments on Top Retirement Planning Tools

In response to an article published by Daily Finance, Charlotte retirement planning firm, Hobart Financial Group, says retirement planning tools are useful, but are no replacement for retirement advisors.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

Charlotte, NC (PRWEB) December 16, 2013

Chris Hobart, the CEO of Charlotte retirement planning firm Hobart Financial Group, responds to an article published by Daily Finance, which lists five tools to use when retirement planning.

According to the Daily Finance article titled “5 Tools to Supercharge Retirement Planning,” retirement planning and saving can be intimidating, but it is still an unavoidable reality of life. Fortunately, there are a few easy to use tools that can simplify the retirement planning process for pre-retirees. The five tools listed in the article are Personal Capital, Jemstep, Betterment, AARP Social Security Calculator, and FutureAdvisor.

Of the aforementioned tools, the article says Personal Capital, AARP’s Social Security Calculator, and Future Advisor are the most important. Personal Capital is a free online tool that you can use to track an investment portfolio. The tool enables users to connect investment accounts, like 401(k) and taxable accounts, from a multitude of brokers and mutual funds. The article says the best feature of Person Capital, however, is the visually stunning graphs and charts that make retirement plans and portfolios easy to understand.

The article also recommends AARP’s Social Security Calculator to navigate the complicated rules of Social Security. The tool, which can be found for free on AARP’s website, helps near-retirees determine when they should retire for the highest monthly benefit.

FutureAdvisor is useful because it makes asset allocation and rebalancing a portfolio easy. It even makes recommendations and provides projections of portfolio performance. “For a premium membership, FutureAdvisor takes its tool one step further,” the article says. “It will actually make the trades automatically that are necessary to rebalancing a portfolio to its recommended asset allocation. It will also invest new cash and even harvest tax losses at the end of each calendar year.”

Chris Hobart, CEO of Hobart Financial Group, a leading Charlotte retirement planning firm, says that the five retirement planning tools listed in the Daily Finance article are fantastic tools to use while retirement planning. “Personal Capital, Jemstep, Betterment, AARP Social Security Calculator, and FutureAdvisor are all well-known tools that aid people in retirement planning. They should be taken advantage of by work-age Americans, but should not only be tools used for retirement planning.”

Hobart says Americans, even those who use a retirement planning tool, should consult experts while planning for their future. “It is important for people to remember that even the best retirement planning tool cannot replace a good retirement advisor. Retirement advisors offer great individualized advice that cannot be matched by any of the programs Daily Finance listed.”

Hobart Financial Group is an independent financial advisory firm dedicated to personalizing service with uncompromising integrity. Its focus on comprehensive, tax-advantaged plans help to provide sound preservation of capital, growing income and increased returns with reduced risk. Chris Hobart, founder of Hobart Financial Group, understands that true wealth means being able to share your life with the people you love, free from financial anxiety. Hobart Financial helps Carolinas’ retirees preserve and protect their wealth with comprehensive financial retirement planning and wealth management.


Contact