Originally Posted by
rld1k
Why do boomers use "money guys"? You know you can do it yourself on your phone just as well and not lose %'s to fees?
Because things change when you reach the high earner tax brackets and the numbers in your accounts get bigger. When your personal and company provided contributions far exceed the max allowable limits, when you are earning $200-300K, and when your accounts have several million dollars in them, investing advice and tax considerations becomes something to seriously consider. Many also consider the expense of paying someone to study and manage the money worth it so that they don’t have to.