learn what other users had to say about

the Price of Retirement Planning Services

Price 
Location 
Submitted by  
Description
$ 1400
Sep 2006
Dallas, TX
Found planner through work seminar  more... close row

Description of service

I had been attending seminars from my work and one was on financial planning for retirement. My wife and I decided to meet the financial planner who gave the presentation. After two meetings we decided to use his service to establish a financial plan for retirement. The initial cost of the meetings and planning was $1,400.

If retained, there would be an annual fee plus a percentage of the investment value.


Review of Service

The services we received were probably worth the cost. The reports given to us were professionally prepared and well presented in a personal meeting. They were presented in a logical manner showing different results tht could be expected under various investment choices. During our early conversations I gave him my thoughts on investing for retirement and his recommendations were just about the same as my suggestions. I was disappointed in the fact that he seemed to just be showing my ideas in fancy package. For the expense, I feel it was a fair value based on the time involved but I don't feel I received any real new ideas for my retirement investments.


Tips

I would suggest that you meet at least twice, at no fee, with any prospective financial advisor prior to making a final decision. Also, ask for references other than from your place of employment. If you read financial publications, watch/listen to TV financial programs, you will be much better able to handle your own retirement plans. This does not mean you should not seek financial advice, but do your homework first. Also, all the major mutual fund companies offer free finacial planning services to those clients with a certain value of investments.


$ 0
Jul 2006
Oakland, CA
Teacher's retirement planning  more... close row
$ 0
Mar 2006
Boca Raton, FL
Job offered a complimentary consultation for retirement  more... close row
$ 20
Mar 2008
Syracuse, NY
Retirement planning over the phone  more... close row
$ 450
May 2006
Little Rock, AR
Next step in retirement planning  more... close row
$ 750
Feb 2007
San Diego, CA
Financial advice upon retirement  more... close row
$ 100
Jun 2008
Cincinnati, Ohio
Financial planner gave whole range of options  more... close row
$ 300
Jun 2007
Cleveland, OH
Should be able to get this type of service for free  more... close row
$ 0
May 2008
San Francisco CA
Bank provided free financial planning services for customers  more... close row
$ 0
Apr 2007
San Diego, CA
Free consultation when opening 401(k)  more... close row
$ 100
Apr 2007
Chicago, Illinois
Service not worth quite this much  more... close row
$ 500
Apr 2008
Chicago, Illinois
Wanted to improve credit and plan for retirement  more... close row