the Price of Retirement Planning Services

I had recently taken early retirement from my job and wanted financial advise on various forms of investments for retirement. Based on my portfolio and variety of investments we agreed on a fee of $750.

I feel that the meetings we held were worthwhile and both of us were prepared to discuss the various aspects of the investment cycles. He made several suggestions as to types and dollar amounts of investments, offered opinions as to risk and reward potential and was not too pushy in suggesting certain mutual funds. The meetings lasted approximately one hour each and were filled with financial conversations with very little small talk.

I feel the professional attitude was a definite plus to the experience.

In looking back on this experience, I would have liked to have had some of the details we discussed before the meetings, although it might not have been practical. We did review the items from a prior meeting at the next meeting. Also, there was no rushing me to make decisions. I did invest through him in some of his suggestions and planning policies.

I would suggest that you talk with friends whom you respect as having financial knowledge. Read current business journals and financial newspapers. Take your time and do not jump into any long term investments without fully understanding them.

I followed my own advice and felt that I was prepared for our financial discussion.