Quote:
Originally Posted by stevecmo
I'm sure you've heard of the 4% rule. Simply stated, you can withdraw 4% of your assets every year and not run out of money. Most advisors take 1 to 1.5% of assets under management (AUM). That means you're giving up a minimum of 25% of your 4%!
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Or, your advisor could be earning enough to cover that cost and more? Another way to look at it.