tag:blogger.com,1999:blog-3368504086012529655.post7005447212707303535..comments2024-03-27T11:00:55.885-06:00Comments on Keith's Odyssey to Planet Fitness: The money rantKeithhttp://www.blogger.com/profile/09364395150014197905noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3368504086012529655.post-78438198458606521782013-05-28T20:08:45.437-06:002013-05-28T20:08:45.437-06:00A late comment via Facebook from my buddy Kelly, w...A late comment via Facebook from my buddy Kelly, who is in the financial advisor world. "Finally a moment to comment on this blog post. Very well said! I spend a good chunk of my work days crushing retirement dreams, because people are on the wrong side of the MI/MO equation. One thing to add to your blog, that can sidetrack a retirement income plan...are FEES!! Please ask what you are paying, who you are paying to, what ARE those fees? Very soon, in less than a year, what you are paying in the way of management fees for owning a mutual fund, will be reported on your statement. This will be a shock to many investors...that their advisor is getting paid a wack of money and giving no service. If you want to do the quick math, most advisors are getting paid about 1.0% of the assets you own through their firm. Are you getting comparable service for that amount of money? Are they helping with your financial, estate, succession, insurance planning? Because they are getting paid to."Keithhttps://www.blogger.com/profile/09364395150014197905noreply@blogger.comtag:blogger.com,1999:blog-3368504086012529655.post-27177232400774595382013-05-26T17:47:49.374-06:002013-05-26T17:47:49.374-06:00One of the things I did for that was to hire a fin...One of the things I did for that was to hire a financial advisor to get a better picture of how much was enough for retirement. Once I knew I was on track for that, I opened up a lot about spending. I still think about if something is truly something I want and will use.Keithhttps://www.blogger.com/profile/09364395150014197905noreply@blogger.comtag:blogger.com,1999:blog-3368504086012529655.post-7000853083108366362013-05-26T16:23:32.256-06:002013-05-26T16:23:32.256-06:00Nothing new to me. I'm actually on the "...Nothing new to me. I'm actually on the "right" side of the equation (have been for just over a year - no debt not even a mortgage and got rid of cable LOL). But one challenge for us after so many years of not giving in to very many of our "wants" (though we still at out way too much and buy too many things for our children), is figuring out how to give ourselves permission to spend at least some of the time. Overall, a good problem to have. Just don't want to die on a pile of money wishing I had spent more of it living my life.TriMOEngrhttps://www.blogger.com/profile/06263218066341525194noreply@blogger.com