The idea that wealth management goals change with time is an intuitive one. Life changes along with the world, and it's important to recalibrate your wealth management planning efforts. It's wise, however, to understand why these changes might happen. A wealth management advisor may encourage changes under these four circumstances.
The biggest reason for you to recalibrate is when you start to approach retirement. Broadly speaking, most folks will want to de-risk their portfolios as they come closer to retirement age.