I know that paying an advisor 2% every year is a disaster due to the compounded value of a 2% CAGR over a lifetime. But suppose you are older and find an advisor that you feel is really good. Would paying the advisor for your last 15 or 20 years not be as bad as over your lifetime starting at 25?
Maybe also a benefit to the advisor taking over as you decline. I guess that might mean a younger advisor which might go against the idea of having found a good advisor.
Maybe also a benefit to the advisor taking over as you decline. I guess that might mean a younger advisor which might go against the idea of having found a good advisor.