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Complimentary advice for retirement planning

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  • Complimentary advice for retirement planning

    I was just looking through work email and realized that they offer complimentary meetings for retirement planning ? From fidelity , TIAA etc .

    Any disadvantage with meeting with them ? Has anyone tried it ? My retirement is with them anyway . Thanks

  • #2
    Be careful. I find a lot of "retirement planning" meetings to which I get invited are annuity sellers pitching a product.

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    • #3
      I think you can get better complimentary advice on this forum.
      Our passion is protecting clients and others from predatory advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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      • #4
        Originally posted by jfoxcpacfp View Post
        I think you can get better complimentary advice on this forum.
        Completely agree with that

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        • #5
          If it's coming from the University, there's a bit of stuff that sponsored investment firm like Fidelity offers that the HR dept have no clue -- eg Mega Backdoor and DAF are two things our Fidelity rep surprised me to be quite well versed and able to address straight up in the presentation to the docs as things to be aware of and look into.

          Yes, have to be careful of the trappings of a rep; but having met with Fidelity reps twice before, they offer reasonable options, especially when you make it clear you're interested in 3 bucket index funding and willing to talk strategies in other areas beyond 'investment advice'

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          • #6
            Originally posted by StarTrekDoc View Post
            If it's coming from the University, there's a bit of stuff that sponsored investment firm like Fidelity offers that the HR dept have no clue -- eg Mega Backdoor and DAF are two things our Fidelity rep surprised me to be quite well versed and able to address straight up in the presentation to the docs as things to be aware of and look into.

            Yes, have to be careful of the trappings of a rep; but having met with Fidelity reps twice before, they offer reasonable options, especially when you make it clear you're interested in 3 bucket index funding and willing to talk strategies in other areas beyond 'investment advice'
            Thanks, Yes, it is coming from university

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            • #7
              Coming from a University we have both as options. TIAA tends to be very conservative and pushes annuities. Remember both are for profit and are not fiduciary.

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              • #8
                I think you will be disappointed by the depth and quality of the advice provided. I decided to use the "free" CFP advice through Vanguard years ago. The advice was not bad but I thought "is this it?".

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