Talk of The Villages Florida - View Single Post - How did you choose your financial advisor?
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Old 06-10-2024, 08:25 AM
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bragones bragones is offline
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I've used Fidelity since the 1970s. They are an ethical financial company. I worked for them for 7 years. They will give you a free portfolio analysis which will give you a good starter education. I never paid them fees as I too am a DIY investor, but they do have options to manage your portfolio for an annual fee. Fidelity offers DIY tools on their website. At this age, it's hard to answer the question of "what are your goals?" I continue to spend less than I earn as I always have. Not very smart as my heirs will be beneficiaries but I like sleeping well at night. My biggest financial mistake has been not moving more money from a traditional IRA to a ROTH in earlier years. RMDs are killer and have an IRMA impact on what you pay for Medicare. Good luck.