Anonymous wrote:

Anonymous wrote:ChatGPT is really good for this kind of thing as long as you know enough to ask follow up questions and provide clarifications.

Remind me to ask how well that worked for you in 10 years.

The advice is pretty much the same as the hourly financial advisor we worked with previously. But ChatGPT can easily make spreadsheets and project out spending and investments each year of retirement.

planvision is a very cheap fairly cookie cutter operation but I don't know how familiar they are with fed benefits

Be prepared to potentially do a lot of work to give info for where your are. We were going to hire an advisor. Wanted $1800. Ok with that. But he wanted financial statements,, bank statements, utility bills, all kinds of crap. We don't budget or record stuff. I said no thanks.

Anonymous wrote:I have not found one that really worth the money if you are reasonably knowledgeable.

At this point my best suggestion is to continue to diy but ask the bogleheads for advice but if you find someone please let us know.

+1, I have never found an adviser who understands the federal system. Possibly there's no market for it since there are no related products to sell. But IME you have to be able to tell them "just assume I'll have a pension of $x" and do your own risk calculation on what x might be in differentsituations.

As for chatgpt, people routinely use it to post wrong advice on DCUM.

They're not worth it.

I'm looking for the same thing OP.

Anonymous wrote:ChatGPT is really good for this kind of thing as long as you know enough to ask follow up questions and provide clarifications.

Remind me to ask how well that worked for you in 10 years.

Anonymous wrote:ChatGPT is really good for this kind of thing as long as you know enough to ask follow up questions and provide clarifications.

Just seems like an awful idea. I regularly get opposite answers from chatgpt depending on how i phrase the question, or the underlying website says the opposite.

Anonymous wrote:Insurance broker should be looking at insurance policies.

So should a holistic, fee only financial advisor.

Anonymous wrote:ChatGPT is really good for this kind of thing as long as you know enough to ask follow up questions and provide clarifications.

+1.

ChatGPT is really good for this kind of thing as long as you know enough to ask follow up questions and provide clarifications.

Insurance broker should be looking at insurance policies.

You are grossly underestimating how complicated a comprehensive review of your financial life is. No reputable advisor will “take in where you are in an hour or two” and spit out advice. For example, you may have a range of insurance products, but determining whether they’re appropriate for you and your needs would actually require looking at the underlying terms of the insurance products. In y case, you could look at the face value of my disability insurance and think I was set, but when you look at the underlying terms of the policy you’d find that I only have a 10-year policy because I thought I’d work for tthe feds till I retire and if disability became an issue, I could qualify for a disability retirement. But now that I’ve left the feds, and taken a new job with a paycut, the monthly payout is too much for my salary so I’m overpaying and now that I don’t have access to the same disability retirement, I really need a policy that will pay out until I’m 65 and not just for 10 years. So I may think I’m set on insurance and it’s not something that needs to be reviewed in depth, but a financial planner than made recommendations without knowing everything about your financial life would legit be doing their job poorly. So if you find a planner that’s willing to do what you’re asking for, that’s an obvious sign that they’re not very good at their job so any amount that you pay them would be a waste.

I have not found one that really worth the money if you are reasonably knowledgeable.

At this point my best suggestion is to continue to diy but ask the bogleheads for advice but if you find someone please let us know.

Anyone have a recommendation for a good financial advisor with expertise in federal employee benefits, including retirement aspects, who provides hourly fee advice? We are financially knowledgeable and have planned reasonably well with retirement accounts, 529's, and estate plan, and not interested in overpaying for a full plan relationship we don't need that costs thousands up front, or having an investment advisor manage all our assets for a percentage fee. We want someone who can take in where we are and expecting to be going in an hour or two, and then be available as needed thorughout the year for advice on particular issues and decisions we'll usually net out to some extent ourselves, but want to get a professional perspective on. I am a federal employee so understanding the technical aspects of federal employee benefits (FERS, TSP, FEGLI, FEHB, etc.) is a must. Prefer someone in Betheda or Rockville, but willing to consider someone elsewhere in the DMV or the country for the right fit.