72t - are you paying financial advisors to watch

retiringat50 · 01-30-2008, 04:28 AM

your account and move things as needed? They charge a certain % of whats in there.

CyclingInvestor · 01-30-2008, 10:59 AM

no, I instruct Schwab as to exactly how much to move and when.

SecondCor521 · 01-30-2008, 02:27 PM

I'm a long way from 72t, but if and when I get there, I won't be paying them to either watch my money, move my money, or figure the numbers. If they figure it for free I'd probably appreciate the double checking. The math, as I understand it, is not terribly difficult.

But I'm becoming more of a rabid DIY'er.

2Cor521

FinanceDude · 01-30-2008, 08:23 PM

How hard do you guys think 72T is? It's very simple..........

01-30-2008, 04:28 AM	#1
retiringat50 Recycles dryer sheets Join Date: Dec 2007 Posts: 79	72t - are you paying financial advisors to watch your account and move things as needed? They charge a certain % of whats in there.

01-30-2008, 10:59 AM	#2
CyclingInvestor Full time employment: Posting here. Join Date: Jul 2005 Location: Los Angeles area Posts: 752	no, I instruct Schwab as to exactly how much to move and when. __________________ learn, work, save, invest, fire

01-30-2008, 02:27 PM	#3
SecondCor521 Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Boise Posts: 1,267	I'm a long way from 72t, but if and when I get there, I won't be paying them to either watch my money, move my money, or figure the numbers. If they figure it for free I'd probably appreciate the double checking. The math, as I understand it, is not terribly difficult. But I'm becoming more of a rabid DIY'er. 2Cor521 __________________ "At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.

01-30-2008, 08:23 PM	#4
FinanceDude Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Aug 2006 Posts: 6,153	How hard do you guys think 72T is? It's very simple.......... __________________ Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:) My American Funds can Beat Up Your Vanguard Funds........:)

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