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Originally Posted by Caymus
So, I am currently interviewing advisors. In my case, I am trying a find a fee-based advisor who can help me determine how much money I should be "paying" myself (before RMD's kick in). I have always lived below my means and am finding it difficult to open the spending floodgates during my first year of retirement.
The advisor I recently talked to has a relationship with my former company. They have a reasonable fee structure to develop a plan - Monte Carlo Simulation etc. One thing they suggested for income are Nontraded REITs. I read that they may not be easy to sell, and I assume they have high trading fees. Any opinions? I already have REIT funds inside my Roth IRA. They have done well until recently.
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My advisor in Kansas City only recommends one non-traded REIT, does not recommend annuities and their fees are less than 1%. They also provide quarterly meetings either in person or via Zoom. I have been happy with them over the last 6 years. All investment plans are based on your goals and risk tolerance.
Message me and I can forward their contact info.