New filters on the Home Feed, take a look!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

5
Is a Fiduciary the right choice?
Post Body

Hoping weā€™re not too late...

So the wife (48) and I (55) have done ā€œpassiveā€ investing all our lives (i.e., putting as much in 401k and not obsessing) and are starting to prepare for retirement. Weā€™ve tried to do some self education on all thatā€™s coming - Medicare, taxes, trusts, etc but feels like we need some trusted help to get to the finish line. Weā€™ve never used a financial planner and know itā€™s late to start that relationship now. Looking for validation or a critique of my plan which is to find a fiduciary advisor who can assess our situation and give us a fixed fee gameplan to follow for retirement with maybe some rightsizing along the way. We donā€™t anticipate starting active investing at this stage - we have $1.6MM in 401s, 8-10 more years working and goals are retirement, tax minimization and planning for our 10 yr old child. My question; is there a trusted way to find / vet a fiduciary? Prefer face to face but Iā€™d be open to virtual. Some initial visits to FINRA and financial advisor sites have produced some disappointing results so far.

Author
Account Strength
90%
Account Age
4 years
Verified Email
Yes
Verified Flair
No
Total Karma
633
Link Karma
370
Comment Karma
193
Profile updated: 4 days ago
Posts updated: 1 year ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
4 years ago