A financial advisor charging 1%...and that is per year...gets expensive fast. Here's some free advice that works. I use the low-fee Vanguard Index Funds, 60% stocks, 27% bonds, and 13% cash (cash is important to live on for times like now when market is down and you shouldn't sell stocks). RMD withdrawal:, first the amount required from IRAs (and they get taxed) and if need more use brokerage funds, and save Roth withdrawals for last (let them grow, tax free withdrawals).Don't follow the 4% withdrawal rule...way outdated in the current market. Use something like 2.5% until market get better, someday.Only time I might hire financial advisor is when I get really old and feel I'm unable to handle things.  But word of caution: I'm finding handling your own finances is like a 1/4 time job...so if you are rich it might be okay to hire an advisor.

A financial advisor charging 1%...and that is per year...gets expensive fast. Here's some free advice that works. I use the low-fee Vanguard Index Funds, 60% stocks, 27% bonds, and 13% cash (cash is important to live on for times like now when market is down and you shouldn't sell stocks). RMD withdrawal:, first the amount required from IRAs (and they get taxed) and if need more use brokerage funds, and save Roth withdrawals for last (let them grow, tax free withdrawals).Don't follow the 4% withdrawal rule...way outdated in the current market. Use something like 2.5% until market get better, someday.Only time I might hire financial advisor is when I get really old and feel I'm unable to handle things.  But word of caution: I'm finding handling your own finances is like a 1/4 time job...so if you are rich it might be okay to hire an advisor.

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