[manaboutown]

Originally Posted by Mrfriendly

In June 1921, I consolidated multiple sources of IRA and old 401(k) retirement monies. I went with Vanguard and their advisor service. I have one advisor who I meet with quarterly over the phone. I am basically a 55/45 stocks bonds which keeps me fairly steady from big dips, but unfortunately also from big increases. The third of one percent fee they charge is relatively small but I still scratch my head at times wondering why I give $1000 or so every quarter to them. I guess I should be happy that the quarterly amount is increasing. .

Thank you for this. I started 60/40 stocks to short term T bills during 2022 and 2023 with the proceeds from a couple RE sales. Although I have owned some stocks most of my adult life they never amounted to much within the whole scope of things. Hence, I spent very little time on them...probably a good thing. Anyway, I am now getting up there in years and am more interested in keeping what I have than plunging into the deep end to make much more. Securities constitute about 1/3, RE 2/3 of my assets. My objective is to retain a cash cushion which can see me through if necessary. Whether I go with Vanguard or another outfit I want someone who "gets me" running the show.