Driver shaft Length

First of all, wrist-to-ground measurement is only a rough starting point of determining lie angle and shaft length.

You would need to get on a launch monitor and see the flight pattern and measurement data on your drives.

You mention that you stand 5-foot-5. This may sound odd, but some shorter golfers do well with longer than average shafts, at least on their irons. There's a balance between arm length and shaft length. A good fitter can help you decide what driver specs you need.

Having a shorter shaft on your driver will give you a lot more control. You may lose some distance but if you are landing on the fairway more often, the question is, 20 yards back or 10 yards in the rough. Remember, the old length for a driver used to be 43 inches. Theses days everything is going longer due to weight. Cut it down, if it feels a little light load it with lead tape. Your pro can always extend it again if you want to lenghten it.

I shortened mine 1 inch and  it has been great. more fairways and actually longer drives because I can swing it faster

I recently cut my driver down to 44.5" from 45". I noticed a slight change in swing weight, however I also upped the grip from STD to Mid-Size with 2 additional wraps.

I am hitting the center of the face much more consistently,though I typically never had an issue with square contact as it is.

I have also not seen any noticeable distance loss at this time either.

My driver is 44.25 and I wish I would have taken it down to 43.5. I had a club maker shorten mine, he added 12 grams to the tip and the shaft plays a little softer as a result. I haven't noticed a loss of distance but I have noticed more FIR. Here just about every course I play has an abundance of short par 4's so I use my 4w quite a bit. But it's nice to be confident with the driver.