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You don't always need a financial adviser to help you out, but sometimes one comes in handy. Liz Davidson, author of What Your Financial Advisor Isn't Telling You, says that when you've maxed out your employee benefits, you've cut down on your debt, you have an emergency savings fund, and you still have extra money, a financial adviser can help you distribute that money so that it grows for you instead of just sitting in a savings account.

And if you are worried that you will outlive your money, then a financial adviser can lead you through your various options, some of which are complex.