Am I Crazy For Paying My Financial Advisor $25k/year?

When you’re doing well financially, paying advisor fees might seem unnecessary. So do you need an advisor if you’re already in a good place?Having a successful retirement isn’t just about not running out of money; it’s about what more you can do.Through a real-life client story, I explain how having an advisor’s perspective to implement the right strategy can be more valuable than the cost of their fee.Advisors can help you avoid biases in the way you invest and plan. They can ensure you have the right withdrawal strategy and don’t overpay on taxes. When handling finances for yourself, you may worry about what you could be missing. A good financial advisor will give you peace of mind, knowing you have all the right information.It’s important to reframe your thinking: Is the cost of your advisor justified by the value provided? Questions Answered:What’s the opportunity cost of not having an advisor?What value does an advisor provide when you are stable financially?Timestamps:0:00 Financial advisor vs DIY3:37 Does an advisor add value?8:30 Story of lost opportunity12:27 Understand the bigger picture13:41 Being ok vs optimizing17:44 Risk of wrong withdrawal strategy21:13 Risk of overpaying taxes22:20 Continuity costs23:27 The real goal27:31 Appropriately compareCreate Your Custom Strategy ⬇️Get Started Here.Join the new Root Collective HERE!