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Strategies & Market Trends : Dividend investing for retirement

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From: TigerPaw	2/4/2017 12:56:25 AM
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Buyer Beware! continues to be the best advice for retirement investors. I run my own retirement portfolio, but I was looking forward to considering an advisor, after all I'm not getting any younger or smarter. I thought I had a pretty-much auto dividend based retirement payment running, but it is based on Scottrade features, and now that brokerage is being bought by TD Ameritrade and I doubt my Rube-Goldberg set of operations will work for long after the deal completes. I hoped I could just toss it over to a fiduciary based adviser rather than find somewhere where that operation would work again. The current fiduciary advisers want a percentage of assets to do anything and that would be $10K-$12K per year, I mostly just need someone to resolve stock spin-offs or other relatively rare events. I hoped that when all retirement advisers followed a fiduciary standard that competition would bring the fees to more reasonable levels. It seems I need to be an active manager for a while longer. businessinsider.com

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