[Villageswimmer]

Originally Posted by l2ridehd

There are several very successful model portfolios out there that work very well. I like the Yale model but there are other very good one’s available. Use Vanguard, Schwab or Fidelity and only use their low cost index funds. The simplest one is to first use a tool to determine the best asset allocation based on your risk profile. Mine is 60/40. So I do 42% total stock market, 18% total international stock, 30% total bond and 10% total international bond with Vanguard. Re-balance to those % when they are off by 5%. Very easy, low cost, safe and low risk

+1. Wonder why there’s not a Bogleheads chapter in TV.

[Packer Fan]

I am an avowed do it yourselfer but I have run my plan by my Fidelity rep since it was free and he was actually quite helpful.

The problem with some advisors is they are either stocks or insurance (annuities) and may not give you a whole unbiased view like you need. Stock guys make money on percent of invested assets so they want you in the market. Insurance guys make money selling annuities and life insurance so they want you there.

Either way, it is easy to educate yourself. There are a lot of good podcasts and books. I would suggest if you want to read one good step by step guide read “ retirement planning guidebook” by Wade Pfau. He is excellent and lays it all out step by step. Balanced approach that makes sense. Then if you do get an advisor you are educated

[LHawk1950]

Originally Posted by Henryfrakl

Looking for name of an advisor preferably from Fidelity or another national firm. That truly understands wealth retention and income.
Thanks in advance for any advise.
Henry

I encourage you to compare services / offerings from national firm(s) and then call or email 319 626 3580 timh@hawkinswealth.com