Be real careful with this Bill...Make sure you get a seasoned planner, not just those new college kids starting their first job...Your best interest, not theres...I would check out a credit union and talk to them another is to talk with your bank. Start with what you have now...Then branch out if you need too. Usually Credit Unions have your best interest.
Yeah, I can be your financial adviser, just uhh send me a check every month and I'll invest it in some fantastic performance part opportunities that should pay great dividends. And if I get bored with them we can put them on your car!:biggrin:
Um we have a Fury Financial do ours.. they usually dont look at you if you have under $500K for investments or something up that region... We Dont have that but what we did have was a decent amount plus we owned a house and also a 1.7M business... so they took exception to us and have constantly made us money... maybe you guys should come over and have dinner, my wife may be able to give some good budgeting tips.. she keeps our head floating.. me I spend.. ha ha I would jus give you ^^^^ advice as above...
5 places to start: 1. Max out your 401k contributions 2. Buy a house 3. Make sure you have reasonable term life insurance levels (to pay off #2 in the event something goes wrong) 4. Have a proper will drawn up 5. Don't incur or pay off credit card debt If you have all the above going for you and still have excess cash flow then it might be worth having the estate planning lawyer that drafted #4 recommend some names of financial planners. Unless you have a healthy chunk of capital to invest the payback on 3rd party advisors usually isn't there as your annual $ returns are offset by their high fees. My $0.02.
Invest 21% of every paycheck in an IRA or Roth IRA or whatever you choose. As far as an advisor in our area, this you may want to research yourself as everyone will have their own opinion, which I'm sure you already know. There are several places in EP. I would research and interview who you're interested in.
What are you looking at doing, Bill? My father is not in that geographical area but can take good care of you on investments/insurance. Let me know and I can forward you his number. He's retired so he's not in it to make money anymore.
My only advice is to stay away from Ameriprise. Oh, and find a planner that is close to your age if you can. If they are good, they will stay with you until you retire.
