Navigating your personal finances is something that’s easier said than done, especially when you’re trying to work toward multiple financial goals simultaneously, such as building up an emergency fund while paying down debt. For that reason, it can often times be helpful to get a second opinion and seek some guidance on your next steps from a financial professional. According to Northwestern Mutual’s 2022 Planning & Progress Study, 58% of the respondents who said they do not work with a financial advisor reported feeling somewhat or very anxious about their finances. The survey polled Americans ages 18 and up between Feb. 8–17, 2022, and also found that 66% of millennials and Gen Zers — as well as 54% of all adults in the US over 18 — felt the same way. With that in mind, Select takes a closer look at the potential perks of speaking to a financial planner and when it’s time to start having those conversations. Shopping recommendations that help upgrade your life, delivered weekly. Sign-up here.How can a financial planner help you? Financial planners don’t just help you learn how to handle your budget and save money — they’re meant to provide guidance on any life event that can have an impact on your finances at all. That means they’re able to assist everyone from young families who are just settling down to those who need help with tax and estate planning. Here’s a look at some of the other areas financial planners can assist you with: When is the right time to speak to a financial planner? If you’re in need of a new perspective on your finances, it could be a good time to seek help from a financial planner. It’s also possible to benefit from having just a one-off consultation, so an ongoing long-term relationship may not be necessary for everyone, depending on your needs. While budgeting apps such as Mint and Personal Capital can also help provide a bird’s eye view of your finances, if you need help determining which next steps make the most sense for you, that’s where a financial planner can step in. Mint Information about Mint has been collected independently by Select and has not been reviewed or provided by Mint prior to publication. CostStandout features Shows income, expenses, savings goals, credit score, investments, net worthCategorizes your expensesYes, but users can modifyLinks to accountsYes, bank and credit cardsAvailabilityOffered in both the App Store (for iOS) and on Google Play (for Android)Security featuresVerisign scanning , multi-factor authentication and Touch ID mobile accessPersonal CapitalOn Personal Capital’s secure siteCostApp is free, but users have the option to add inves tment management services for 0.89% of their money (for accounts under $1 million)Standout featuresA budgeting app and investment tool that tracks both your spending and your wealthCategorizes your expensesYes, but users can modify Links to accountsYes, bank and credit cards, as well as IRAs , 401(k)s, mortgages and loansAvailabilityOffered in both the App Store (for iOS) and on Google Play (for Android)Security featuresData encryption, fraud protection and strong user authenticationIf a triggering event such as a marriage, death or divorce occurs, that’s usually a good time to talk to a financial planner about how to best manage these changes to your current finances. Another good time to set up a call with a financial planner is if you’re nearing retirement, as it could be helpful to check in with a professional and make a plan for how you’re going to make the money you’ve accumulated throughout your working life last the rest of your days. Doing so can make it feel as if a weight has been lifted off your shoulders since you won’t have to figure it all out on your own and can rest assured knowing you’re making the best financially feasible decisions for you and your loved ones A financial planner can also help you to better analyze your lifestyle expenses and savings so you can decide on a safe amount of money to withdraw each year. They can also spot any holes in your retirement plan that you might have overlooked, which might help restore some peace of mind and ease some anxiety. Catch up on Select’s in-depth coverage of personal finance, tech and tools, wellness and more, and follow us on Facebook, Instagram and Twitter to stay up to date. Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.