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Jan 1, 2019
8:59
:18
am
TheLoneCougar
Playmaker
I prefer to do it myself as well, but if people are going to have an advisor
then I'd prefer that person to be a fiduciary.
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TheLoneCougar
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TheLoneCougar
Joined
Dec 10, 2015
Last login
May 18, 2024
Total posts
21,647 (4,219 FO)
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Messages
Author
Time
In light of finances and the New Year, please ask one question to your planner:
TheLoneCougar
1/1/19 8:51am
Unless you have a high net worth or are within 10 years of retirement
cougarfann888
1/1/19 8:53am
True
Mr. Belding
1/1/19 8:58am
Even then, there are SO many resources out there to help you navigate those
TheLoneCougar
1/1/19 8:58am
That is some good common sense there. I wouldn't weight the specifics
Acorn
1/1/19 9:02am
There are some really impressive financial minds in the Financial Independence/
TheLoneCougar
1/1/19 9:16am
So I manage my own investments by reading lots of articles and perspectives.
bluecougar1985
1/1/19 8:54am
See above. I wouldn’t do it unless I was staring closely at retirement or had
cougfanz
1/1/19 8:58am
See cougarfann888 post above
Mr. Belding
1/1/19 8:59am
I saw that. What would you consider a big enough amount of money
bluecougar1985
1/1/19 9:19am
At least 500k. Maybe not until 1 mill
Mr. Belding
1/1/19 9:36am
Wow, I’m out then. I hope to be there in 11 years at the age of 44.
bluecougar1985
1/1/19 9:47am
depends in how you want to live in retirement. I’d say you’d need at least 2 mill by 45 if you want to retire by 55. But
Mr. Belding
1/1/19 10:01am
No no, wrong question. The real question, and what retirement calculators get
TheLoneCougar
1/1/19 11:00am
I prefer to do it myself as well, but if people are going to have an advisor
TheLoneCougar
1/1/19 8:59am
Most fiduciaries charge an AUM fee, that is the only way they get paid unless
kolob32
1/1/19 9:01am
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