Talk of The Villages Florida - View Single Post - How much is your financial advisor costing you?
Thread: How much is your financial advisor costing you?
View Single Post
 
Old 06-30-2025, 03:26 PM
kingofbeer kingofbeer is offline
Senior Member
Join Date: May 2022
Posts: 317
Thanks: 4
Thanked 158 Times in 100 Posts
Default
Quote:
Originally Posted by Caymus View Post
Another way to look at it.

A current rule of thumb is that a safe withdrawal rate from retirement accounts should be in the 4% range. Based on $1M, you will get $40,000 and the advisor will get $10,000 or 25%.
When you take a distribution the financial advisor does not get a pct of the distribution. What is this about?
Reply