Quote:
Originally Posted by Maxman
Your best choice is to do it yourself through vanguard or Schwab. Keep it simple use passive index funds. Alternatively you could use Vanguards financial consulting service.
http://https://investor.vanguard.com/financial-advisor/financial-advice
Keep you fees as low as you can. There is no magic greater returns that an expensive (over .5%) adviser can give you. As I've said before over a ten year period simple index investing beats managed investments over 80% of the time. No body knows what the markets will do in the future. a simple three fund portfolio rebalanced once a year is all one needs.
http://http://www.bogleheads.org/wiki/Three-fund_portfolio
You can set up these accounts with an appropriate equites/bonds percentage that makes you sleep well.
If you want to use an advisor in the Villages, Charles Schwab Intelligent Portfolios is a low cost alternative. They invest in a broad range of index funds setup by your risk tolerance and age. They say it's got no fees, but require you to keep a portion in their money market account which is in effect a fee. If you need to see a local representative they have an office in Sumter Landing.
I Am not a financial adviser. So the advice here is only my personal opinion. |
Fan of Maxman's advice. Indexing thru Vanguard has worked well for us over the past 40 years.