this post was submitted on 24 Mar 2024
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[–] Boozilla 10 points 3 months ago (1 children)

Going over my life savings and investments with a CFP.

Fortunately, the pros will be taking over from me soon.

[–] Frozengyro 2 points 3 months ago (1 children)

Hopefully they are a fee only fiduciary. Don't pay 1+% of your savings to them every year, that's also a dumb mistake.

[–] Boozilla 1 points 3 months ago (1 children)

They charge me less than 1% and typically return 5 to 6% (and minimize taxes).

[–] Frozengyro 1 points 3 months ago (1 children)

I would make sure it's a passively managed fund with low expense ratios and little or no fees. An expense ratio of 0.10 or less is pretty common these days.

[–] Boozilla 1 points 3 months ago

Thanks. It's still new but I'll keep an eye on it.