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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you are paying 1% AUM to a financial advisor to help you with asset allocation and rebalancing you are shooting yourself in the knee.

Pay some $500-1000 once to talk to you about it. [/quote]
Ours does more than just rebalance the portfolio. Worth every penny, IMO. They have to the tools to crunch the numbers on whether we can retire early or not.  Plus, I don't like to spend my time looking at this stuff.  I work enough. I don't need more work.[/quote]

NP. I don't think you realize -- or maybe you do -- that 1% of AUM, for someone in my situation, = $35,000 per year. No, I don't need more work. At the same time, I don't need to essentially give a financial advisor a brand new car ever year (and a nice car, at that) in order for him to "crunch the numbers" and tell me whether I can retire. I'm 40. I'm not retiring yet. I'm accumulating investments for a while longer. When it's time to retire, I'll know that I have enough money.

In 10 years time, keeping the same arrangement, it would be like giving a financial advisor a $70k car every year. N.O. If I need someone to run some numbers for me, I'll do like PP said and work with Vanguard and one of their advisors. It's included anyway when you're above a certain level. [/quote]

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