Do you really need a financial advisor, or can you handle your investments on your own? We received a question from someone who has been a successful investor and is wondering whether they would get value out of a financial advisor. Let’s dive into the pros and cons of DIY investing and explain how working with an advisor can actually save you money, time, and stress.

Sean discusses the biggest blind spots DIY investors face, including market risk, tax strategies, and retirement income planning. He also explores how the rules of investing change as you approach retirement, and why what worked in your 40s may not work in your 60s.

Plus, Sean answers key questions like: Are you actually as prepared as you think? What happens if you’re no longer able to manage your finances? And does your spouse or family know how to handle your investments if something happens to you?

If you’re weighing a DIY retirement, check out this episode and learn more about everything an advisor helps you with.

Here’s what we discuss in this episode:

💰 DIY Investing Risks

📉 Market Downturns & Retirement

🧾 Tax & Withdrawal Strategies – The piece most DIY investors overlook

👥 Succession Planning – Will your spouse or family know what to do?

0:00 – Intro

0:54 – First reaction

2:35 – Different challenges in retirement

6:45 – Stress of doing it alone

9:31 – More than investing

11:30 – Succession planning

Looking Back From The Mountaintop