If you can find an advisor that charges by the hour (or maybe a fixed one time fee for a plan) then you might consider doing that. I have done all my own investing and I won't pay AUM fees since they are too high. And, I think I have had better results than them. I did not do any real planning while working, I just shoveled as much as possible into my accounts since I got a late start. I was lucky since I was an aggressive investor and the stock market mostly went up. Nothing fancy, just low cost stock index funds.
I did not do this but I think it's a good idea to budget your expenses to get a very good idea of what your expenses will be in retirement. Then you can calculate how much you will need in assets (maybe using the 4% rule, which assumes a 30 year withdrawal).
Post questions here, I think you will get good advice. I think doing the planning is easier than most people think.
I did not do this but I think it's a good idea to budget your expenses to get a very good idea of what your expenses will be in retirement. Then you can calculate how much you will need in assets (maybe using the 4% rule, which assumes a 30 year withdrawal).
Post questions here, I think you will get good advice. I think doing the planning is easier than most people think.
Statistics: Posted by niagara_guy — Thu Jul 18, 2024 11:22 am — Replies 4 — Views 1030