Evaluating the Value of Investment Adviser Fee for $1.5m Nest Egg Before Retirement at 65
Monday, 8 July 2024, 18:12
Evaluating Investment Adviser Fee for Retirement
As you near retirement at 65 with a $1.5 million nest egg, the question of paying an investment adviser fee becomes pertinent.
Pros and Cons of Professional Advice
- Pros: Tailored guidance, expertise, peace of mind
- Cons: Cost, potential conflicts of interest
Assessing if the fee is justified requires considering your financial goals, risk tolerance, and investment acumen.
Understanding the impact on your retirement savings is crucial for informed decision-making.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.