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My retired dad told me his financial planner charges him a 0.8% fee. I self-manage, but if I had that same fee, it would push out my target retirement age by 6 years.
My retired dad told me his financial planner charges him a 0.8% fee. I self-manage, but if I had that same fee, it would push out my target retirement age by 6 years. For anyone who doesn't want to spend the time learning what it takes to invest wisely (which can be very simple), you could gain a few years in retirement for several hours of short term pain and research here and there. And for context, I used $100K as a target annual retirement spend, 7% return, 3% inflation. The calculator projected a retirem...
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