Several weeks ago, I've converted one of my retirement funds into a managed account with the firm where I have my money. There is a charge associated with this, based on the percentage of profits. I thought a managed account made sense, since I don't take a very active role in managing the money I have stashed in retirement and do not really know much about investments. However, there are costs associated with a managed account, and so much of these investment decisions as to how to allocate your retirement funds are so much a crap shoot, not sure if I should actually trust someone to do this or rather just take the extra time however substantial it may be to learn all this myself. Thoughts? Managed account, or self-manage to save the 1.5% fee.



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