Fire Your Over-Priced Financial Advisor and Retire Sooner
By Dale Maley
5/5
()
About this ebook
Many of the 67 million Baby Boomers who turn age 65 in 2011 want to retire. If they have chosen a high-priced financial advisor, their retirement date may be delayed indefinitely. This short story utilizes a real life example of a couple who can never retire due to excessive investment and financial planning fees. After reading this short story, you will be able to make your own well-informed decision on how to optimize investment and financial planning fees so you can retire sooner.
Dale Maley
Dale C. Maley is the author of the 19999 book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros. He is also a contributing author to Chapter 18 Seeking Help from Professionals in the 2009 book The Bogleheads Guide to Retirement Planning. He is a very successful private investor who has been a student of Financial Planning and Investing for over 30 years. He was trained as an engineer at the University of Illinois and has been a practicing engineer for 32 years. His accomplishments as an engineer include the granting of 16 U.S. Patents and authorship of over 500 professional technical papers. He is also a member of the International Society of Automotive Engineers and the Society of Manufacturing Engineers. He also has earned an MBA (Masters Degree in Business Administration) degree from Illinois State University. His background in mathematics, engineering, and business provides him with the excellent basis for understanding and teaching investments and financial planning. He is also a very successful investor who has been investing in common stocks and mutual funds since 1980. He has also personally invested in both 401(K) and IRA plans, so he is familiar with participation and management of these types of investments. He has been investing in indexed common stock mutual funds since 1990. Dale became a Registered Financial Advisor in the State of Illinois in 2006 and is currently launching his business as a fee-only financial planner. He is President of Maley Financial Planning LLC.
Read more from Dale Maley
What are the Requirements for Becoming a Financial Planner? Rating: 0 out of 5 stars0 ratingsWho Are The Bogleheads And Should You Become One? Rating: 0 out of 5 stars0 ratingsHow to Build a Fascinating Ratcheting Wood Model Rating: 0 out of 5 stars0 ratingsHow Do I Maximize Retirement Income From My Portfolio? Rating: 0 out of 5 stars0 ratingsHow to Use Psychology to Achieve Your Financial Goals Rating: 0 out of 5 stars0 ratingsHow to Cut the Cost of Your Auto and Homeowner's Insurance Rating: 0 out of 5 stars0 ratingsHow Asset Allocation Can Help You Achieve Your Financial Goals Rating: 5 out of 5 stars5/5How Would Have a Low-Cost Index Fund Approach Worked During the Great Depression? Rating: 0 out of 5 stars0 ratingsFinancial Planning for Medical Doctors Rating: 5 out of 5 stars5/5What Is The Optimum Method to Convert a Retirement Portfolio Into Income? Rating: 0 out of 5 stars0 ratingsShould Immediate Annuities Be a Tool in Your Retirement Planning Toolbox? Rating: 0 out of 5 stars0 ratingsDo I Need Umbrella Insurance? Rating: 0 out of 5 stars0 ratingsShould Municipal Bonds be a Tool in Your Retirement Planning Toolbox? Rating: 0 out of 5 stars0 ratingsBe Very Wary of Equity Indexed Annuities Rating: 0 out of 5 stars0 ratingsHistory of Murders Committed in Fairbury, Illinois Rating: 0 out of 5 stars0 ratingsIndex Mutual Funds: How to Simplify Your Financial Life and Beat the Pros Rating: 0 out of 5 stars0 ratingsWho Wins the Variable Annuity Versus Mutual Fund Battle? Rating: 0 out of 5 stars0 ratingsHow Do I Design My Own Financial Plan? Rating: 0 out of 5 stars0 ratingsShould I Pay Off My Mortgage Early? Rating: 0 out of 5 stars0 ratingsDo I Need an Investment Policy Statement? Rating: 4 out of 5 stars4/5Are 529 Plans Really the Best Way to Save for College? Rating: 0 out of 5 stars0 ratingsHow Do You Know When We Are In A Financial Bubble? Rating: 0 out of 5 stars0 ratingsAre Black Swans Really Harmful to Ordinary Investors? Rating: 0 out of 5 stars0 ratingsDo I Need Long-Term Care Insurance? Rating: 0 out of 5 stars0 ratingsRules of Thumb or Retirement Planning Software? Rating: 0 out of 5 stars0 ratingsHow Much Income Do I Really Need in Retirement? Rating: 0 out of 5 stars0 ratingsHow to Find a Good Financial Planner Rating: 0 out of 5 stars0 ratingsHow to Save and Invest for Retirement Rating: 0 out of 5 stars0 ratingsHow Can I Retire If I Am 62 and Broke? Rating: 0 out of 5 stars0 ratings
Related to Fire Your Over-Priced Financial Advisor and Retire Sooner
Related ebooks
Retirement Income for Life: Getting More without Saving More (Second Edition) Rating: 5 out of 5 stars5/5Income for Life: The Retiree's Guide to Creating Income From Savings Rating: 0 out of 5 stars0 ratingsHow Do I Estimate Retirement Living Expenses? Rating: 0 out of 5 stars0 ratingsHow to Read Your Way to Financial Wealth Rating: 0 out of 5 stars0 ratingsRetirement Planning Guidebook for Couples and Seniors: All You Need to Know to Plan For and Have a Stress-Free Retirement Rating: 0 out of 5 stars0 ratingsHow Can I Retire If I Am 62 and Broke? Rating: 0 out of 5 stars0 ratingsHow to Find a Good Financial Planner Rating: 0 out of 5 stars0 ratingsDon't Max Out My 401K? Rating: 0 out of 5 stars0 ratingsPensionless: The 10-Step Solution for a Stress-Free Retirement Rating: 4 out of 5 stars4/5The Top 7 Tax Saving Tips Rating: 5 out of 5 stars5/5Common Sense Retirement Planning: Home, Savings and Investment Rating: 0 out of 5 stars0 ratingsStrategies for a Successful Retirement: Before, During, & After Rating: 0 out of 5 stars0 ratingsKeep It Simple, Make It Big: Money Management for a Meaningful Life Rating: 0 out of 5 stars0 ratingsHow Much Income Do I Really Need in Retirement? Rating: 0 out of 5 stars0 ratingsSave Yourself: Your Guide to Saving for Retirement and Building Financial Security Rating: 0 out of 5 stars0 ratingsWhy We Don't Save Enough for Retirement and How You Can Save More Rating: 5 out of 5 stars5/5Retire Early Rating: 2 out of 5 stars2/5The Essential Retirement Guide: A Contrarian's Perspective Rating: 4 out of 5 stars4/5The Personal Finance Handbook Rating: 0 out of 5 stars0 ratingsYour Daily Routine is Your Success: Financial Freedom, #97 Rating: 0 out of 5 stars0 ratingsRetirement Income for Life: Getting More without Saving More (Third Edition) Rating: 0 out of 5 stars0 ratingsLiving the 10 Retiremyths: An Unconventional Journey in Retirement Planning Rating: 5 out of 5 stars5/530-Year Bonds vs. Blue-Chip Dividends Stocks: Choose Your 4%Yielding Investment: Financial Freedom, #93 Rating: 0 out of 5 stars0 ratingsSummary of Rob Berger's Retire Before Mom and Dad Rating: 0 out of 5 stars0 ratingsChoose Your Retirement: Find the Right Path to Your New Adventure Rating: 1 out of 5 stars1/5The 5 Years Before You Retire, Updated Edition: Retirement Planning When You Need It the Most Rating: 3 out of 5 stars3/5
Personal Finance For You
The Millionaire Next Door Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 4 out of 5 stars4/5The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Summary of I Will Teach You To Be Rich: by Ramit Sethi | Includes Analysis Rating: 4 out of 5 stars4/5Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Investing For Dummies Rating: 4 out of 5 stars4/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5The Black Girl's Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5The Money Answer Book Rating: 4 out of 5 stars4/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 4 out of 5 stars4/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5A Happy Pocket Full of Money, Expanded Study Edition: Infinite Wealth and Abundance in the Here and Now Rating: 5 out of 5 stars5/5Get the Hell Out of Debt: The Proven 3-Phase Method That Will Radically Shift Your Relationship to Money Rating: 5 out of 5 stars5/5Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Rich Dad's Cashflow Quadrant Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5
Reviews for Fire Your Over-Priced Financial Advisor and Retire Sooner
1 rating0 reviews
Book preview
Fire Your Over-Priced Financial Advisor and Retire Sooner - Dale Maley
Fire Your over-Priced Financial Advisor and REtire Sooner
by
Dale C. Maley
SMASHWORDS EDITION
* * * * *
PUBLISHED BY:
Artephius Publishing on Smashwords
Fire Your Over-Priced Financial Advisor and Retire Sooner
Copyright © 2011 by Dale C. Maley
All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.
*****
Table of Contents
Chapter 1
Standard Financial Planning Methodology for the Retirement Decision
Chapter 2
The Real Life Example of Ted and Carol
Chapter 3
The Do-It-Yourself Alternative
Chapter 4
The Low-Cost Advisor Alternative
Chapter 5
Financial Advise