Flexibility is Key to Financial Planning

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It's essential to critically reevaluate financial drawdowns, as rigidity regarding withdrawal dates can lead to failure, especially in unpredictable market conditions. Being too focused on set targets may overlook the necessity for adaptability. Planning for potential extended work periods is prudent to accommodate market fluctuations, highlighting the importance of incorporating flexibility into financial strategies.

Here's what we learned by hiring a financial advisor for a fixed fee of $1,000. Rather than pay a costly ongoing assets under management (AUM) fee, we wanted to test out this increasingly popular fee-for-service advisement model. Eric and Jason discuss each hired the same fee-only, advice-only advisor for $1,000 to evaluate their portfolios and answer a variety of key questions. They share how they found this advisor, what the process was like, the specific questions + answers they had, and who they think could benefit from such a service. Is this the right option for you? Maybe.

Show notes: https://twosidesoffi.com/1Kadvisor