@scottsalaske Spot on if you do a plan one time, a plan is a road map and detours will happen. Revisit the plan regularly and update it as metric and assumptions change. A one time plan is useless when you walk out the door
@scottsalaske What’s your opinion worth? Just spit balling 5%? There are advisors that don’t have any clients that fit the need and other advisors that may have 20-30% of their clients that would benefit from different solutions.
@scottsalaske@dougboneparth It’s not sold” as in making an advisor more money… like say an annuity. More advisors these days are fiduciaries. Poor take and a very broad stroke. If you advisor is talking to you about these things he is education you on options you have available given your situation
@gnoble79 And you’re citing sp500; an advisor would more than likely have you in a 60/40 mix and those that continually invested through the drawdown cut rebound times in half.