I'm new to this community, but very thrilled to have found you all!
My wife and I (both 33) have 2 rollover iras stotaling 60k (Fidelity,Schwab). Only other retirement is 20k currently in active 401k. Over the last 3-4 years, I've moved things around in the rollover accounts attempting the Dave Ramsey "4 types", but feel that I've simply been bad at picking funds amd the account balances are roughly the same. I've met with a few financial advisors recently who've offered to manage these accounts for an annual fee ranging from 1.2-1.7% of the total account balances.
My question, is a good advisor worth this type of annual fee? Is it recommended to use an advisor like this but perhaps under a different (cheaper) pay structure? Or is this taking the easy way out vs really buckling down and really learning about investing in order to do this myself?
Any advice would be much appreciated. Sick of listening to my broke friends bad advice. :)