Has anyone used David Graham, MD from FIPhysician for retirement advice?

[Kennyt7]

Anyone here in need of an advisor in case we can no longer manage it as many many couples will experience
I would need a CFP an hour a month for my wife
Not willing to pay Vanguard 15k/yr for the same
Surely there are FEE ONLY advisors; 250-300/month

[Kennyt7]

Spoke with David Graham recently
VERY very knowledgeable and worth an hour review
likes the 3 fund portfolio as well as simplifying your portfolio for many good reasons
his website has excellent articles

[StateOfMyHead]

Looks like he raised his price to $275hr which is still well worth it to me.

[bovie]

He's definitely a smart guy and presents good financial information...but his writing is total garbage. Misspelled words all over the place, poor grammar seemingly every sentence. Makes it borderline unreadable.

Such a shame, because I actually like his stuff but can't make it through more than a couple paragraphs!

[Tim]

The Distribution phase is a bit more challenging but nothing you cannot learn
Roth Conversions and Tax efficiency are the keys
Michael Kitces writes about tax diversification in the distribution phase
Most docs have large IRAS so the RMDS are what they are
If you live in Florida you cannot gripe about paying 15-20 Federal up to around 400k AGI

If you really want to get into the weeds (including the soil composition!) this dude dives deep into the withdrawal strategies.
https://earlyretirementnow.com/safe-...l-rate-series/

FWIW, the most difficult behavioral finance issue to come to grips with is who gets the tax benefits of of Roth conversions. You, your spouse or the kids (inherited IRA's)?
The problem comes simply because you don't know who is passes away and how long the runway is. Emotionally, it is tough to pull the trigger and pay more taxes currently and pass on the tax free growth. Combine that with the potential of rate increases and self analysis is tough to make decisions. Much room for procrastination when dealing with potentially long time lines. Competent outside opinion like David Graham might be very useful.

[Tangler]

Like his info! Seems like a smart critter!

[blippi]

The Michael Kitces website is giving me Tim and Eric flashbacks, which is a good thing. Great job.

[StateOfMyHead]

Refreshing to find someone willing to assist with the fine tuning rather than requiring I move all my holdings to their company.

[Kennyt7]

David Graham, from reading some of his articles at his site, seems to be quite knowledgeable and as an advice only advisor I would not be hesitant to use him
read his blogs

[Kennyt7]

The Distribution phase is a bit more challenging but nothing you cannot learn
Roth Conversions and Tax efficiency are the keys
Michael Kitces writes about tax diversification in the distribution phase
Most docs have large IRAS so the RMDS are what they are
If you live in Florida you cannot gripe about paying 15-20 Federal up to around 400k AGI

[Hatton]

I found his ideas really helped put things into perspective for me.

[Mid-60s]

This sounds comprehensive. How much did you spend total? >$1000?

<$1000 for what I needed. I thought it was a lot of bang for the buck. How many hours he needs to work on someone's plan would obviously depend on each doctor's financial situation and money management discipline. I had my house in order and just needed some expert advise on a small, but important number of issues before I made some major decisions moving into retirement. If you're interested I think if offers a free phone consult to see if it is the right fit. I think we did that and he gave me an estimate of the time he thought it would take for my situation and the hours billed were right in the middle of the range he quoted.

[Fullhouse11]

I used David this year and found him helpful and economical. I have fired all my "advisors" over the years and have been sharpening my $ IQ with this site and others like FiPhysician. As David would say, accumulation is easy but decumulation can be a lot more challenging. I learned a lot of what I needed to do from this site but I did want a professional's opinion before I took some big steps.

This site routinely says to hire an FA by the hour but those are almost impossible to find so options are limited. I had read some of David's guest posts in the WCI blog and also on his site. I like the way he broke things down in detail with some great graphs to help understand. I had a phone consult with him and it sounded like a good fit. I signed up and entered my details into his software. We had a couple of Zoom meetings and he gave me a written report of his recommendations. He helped me see things that I needed to do to minimize my taxes over the next 20-30 years. He showed me that I needed to do Roth Conversions, gifting to my kids (when they could use it most) and to just convinced me that I was very secure financially and to just go out and work on spending some money. He was exactly who I needed to talk with and it cost me less than a thousand bucks. Every other FA wanted to spend hours and hours, and thousands of dollars, to devise a plan that I didn't need. I just needed confirmation of what I already knew and he did that. He also showed me a few things I didn't know.

I plan on having him take another look at my finances near the end of the year to see how I am doing and to tweak the plan if needed. I would highly recommend him to anyone that is a DIY but wants a 2nd opinion from a financial advisor that isn't selling something.

This sounds comprehensive. How much did you spend total? >$1000?

[racelari]

Ha! looks like he's getting good advertising right now! I haven't used the dude but his blog posts are awesome deep dives and nice to know that he's a fellow physician who's investing advice is aligned with Jim's/Bogelheadish.

[The White Coat Investor]

Have been reading his blog and he seems knowledgable. Do not see him on list of recommended advisors on White Coat. Wondering if anyone has experience. Am looking for some advice regarding upcoming retirement and possible Roth conversions.

If you'd like to see him on the list, encourage him to fill out an application and pay to advertise. I know lots of great advisors that are not on that list. It's not an exclusive list of all good advisors. It is a list of good advisors who want more clients enough to pay us to advertise there.