- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Nearing Retirement - Advice
Posted on 10/27/24 at 1:45 pm to Spankum
Posted on 10/27/24 at 1:45 pm to Spankum
I appreciate everyone who has posted so far. I have found that the company that manages my 401K basically offers a “fee only” service that is exactly what I am looking for. Trouble is, the cost is a one-time fee of 1% of “assets under management”. That happens to be an assload of money…about $30K in this case. Is that what I can expect to pay for this service?
ETA: Because if that is what it costs, I am not interested!
ETA: Because if that is what it costs, I am not interested!
This post was edited on 10/27/24 at 4:00 pm
2
Posted on 10/27/24 at 5:38 pm to Spankum
Sounds high. When I was researching, Timothy Financial came highly recommended. I was going down the path of using them until some major changes happened and we agreed it was best to delay.
Timothy Financial
Timothy Financial
Posted on 10/27/24 at 9:42 pm to Spankum
quote:
I am contemplating retirement. What I am looking for is someone to look over my plan going forward and see if I am overlooking something or if it is even feasible.
I've seen over on Bogleheads several recommend the following which will do what you are looking for I believe. They are fee only and not based on assets etc.
https://www.planvisionmn.com/
Posted on 10/28/24 at 6:30 am to gpburdell
I forgot about PlanVision, but they are recommended for the DIY crowd. They give you access to a website to enter your information then they review and discuss with you. To me it seemed more like "let's take a quick look at your numbers" and less of a comprehensive review. Of course, the price reflect that. They're both good, though.
Posted on 10/28/24 at 8:28 am to Spankum
Merrill Lynch made a pitch to me a while back. 1% was their fee. I didn't sign up.
Posted on 10/28/24 at 2:59 pm to Spankum
Look for an advisor with an RICP designation.
Posted on 10/28/24 at 3:06 pm to GCTigahs
quote:
We filled out paperwork to include all of our accounts and they did a monte carlo simulation for a basic fee.
Wait, they charged a fee for a Monte Carlo simulation. Wow!
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News