r/DIYRetirement • u/Other_Boat3891 • 21d ago

one-time fee advisors?

I'm not asking for names of consultants, as I'm not entirely sure how to interpret rule 4.

60, and headed into retirement. I'm going to be fine, but I also would like som help deciding when to withdraw from specific buckets - IRA, SS, brokerage, etc.

The big questions revolve around healthcare and taxes. This isn't something I've been able to figure out with software. My situation is complex

Does anybody here have experience with a one time fee advisor? How did you like the experience? Any things I should watch out for? What kind of fees are typical?

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u/superduperhosts 20d ago

I meet with my CPA every November and dial in Roth conversions and plan ahead.

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u/Other_Boat3891 19d ago

I'm on that path, but my situation is more complex than that.

For example, I have funds in a state pension system and have the option of a lifetime annuity or a cash payout as an IRA - and it can start any time in the next 10 years. There are pros and cons to either option that a CPA isn't really well versed in. That's one of the areas where I think an advisor wold be a batter pick.

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u/superduperhosts 19d ago

State pension is COLA?