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Tafkam Hokie
Joined: 10/07/1999
Posts: 40,227
Likes: 21,984
Tafkam Hokie
Founder Subscriber

I will add if you are getting to the point where you will be withdrawing

retirement funds soon, it probably is a good idea to speak with a financial advisor. While some of your money still needs to be invested for the long term, some is money you will need soon and would need to be handled differently. Investing for long term growth is pretty simple (and anyone who tries to make it complicated is selling something). But investing for income replacement is trickier and probably not something your layperson can do well on their own.
Posted: 05/06/2024 at 10:54 AM ET
(In response to this post by HOKIERIT)

Thread Replies (21)

Full Thread →
Looking for Wealth(ha) or money manager recommendations
ElbertoHokie • 05/06/24 08:27 AM ET
Jay Jacob at Wells Fargo advisors. Kid that grew up in my practice. Very
DonHo-kieHi • 05/06/24 12:46 PM ET
And from Forbes**
DonHo-kieHi • 05/06/24 12:57 PM ET
You're near Charlotte right? My brothers roommate is an adivsor in Shelby
Hokerer • 05/06/24 11:40 AM ET
Beanie Babies **
bigbadbird • 05/06/24 10:41 AM ET
Madoff, Ponzi and Belfort…they promise above market returns.**
Twelfth Man • 05/06/24 10:32 AM ET
…Dewey, Cheatem and Howe
chumley • 05/06/24 10:15 AM ET
I have a great financial advisor, and I commend you for seeking out a pro->
HOKIERIT • 05/06/24 10:08 AM ET
I can help. Hokie advisor licensed in NC. Send me an email
vt88hokie • 05/06/24 09:39 AM ET
Do you have $2M in your 401k yet?
hoosnowahokie • 05/06/24 09:23 AM ET
Simple suggestion, do a search for mutual funds that have done well...
EDGEMAN • 05/06/24 09:13 AM ET
We have friends that use Fisher Investments. They supposedly only do
UTPr0sim • 05/06/24 10:41 AM ET
Simpler solution...Index funds/ETFs. They are boring, but they work
Tafkam Hokie • 05/06/24 09:52 AM ET
I've done that, I just want someone to take a look at everything in
ElbertoHokie • 05/06/24 09:48 AM ET
I agree with that approach. It has paid off well for us..**
HOKIERIT • 05/06/24 10:12 AM ET
You have plenty of time, unless you're looking to retire in 5 years...
EDGEMAN • 05/06/24 09:55 AM ET
Even if you are retiring in 5 years, you've probably got lots of time
Tafkam Hokie • 05/06/24 10:00 AM ET
Exactly.. when you retire you do NOT "cash out".Should still get a return!**
HOKIERIT • 05/06/24 10:15 AM ET
I will add if you are getting to the point where you will be withdrawing ◄
Tafkam Hokie • 05/06/24 10:54 AM ET
This guy. Just add hookers.**
tongahokie • 05/06/24 09:02 AM ET
Social Security + Medicaid. We got you!**
JoesterVT • 05/06/24 08:37 AM ET
amputate**
HokieDan95 • 05/06/24 08:33 AM ET