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re: Financial advisor. cost

Posted on 4/18/18 at 11:36 am to
Posted by SurfOrYak
BR/MsDelta
Member since Jul 2015
406 posts
Posted on 4/18/18 at 11:36 am to
I pay that 1% to my retirement. With no-load index funds or ETFs, all you need to worry about is the percentage distribution between equities and bonds. Or don't worry, and purchase year of retirement/need funds (not a fan, myself). Too much free financial advice is available from multiple sources (including MT) to be trusting your money to one person (even if he/she has company resources). Unusual financial situations more often require a tax accountant, not financial planner.
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3146 posts
Posted on 4/18/18 at 12:59 pm to
quote:

I pay that 1% to my retirement.

Amen. I have never paid an advisor. Over 20+ years I have made a lot of scratch by not giving it to someone else.
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