Doug and Producer Chris chat about a very controversial topic in the FIRE community – working with a financial advisor.  They explore the reasons someone might or might not want to work with an advisor, discussing common pitfalls like high fees & hidden motivations, while emphasizing the benefits of getting an outside perspective & professional guidance, especially in areas like decumulation and complex financial situations.

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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0:00 Introduction

4:35 Insurance agents

9:24 The problem with fees

15:21 The downsides of DIY

19:57 Identifying blindspots

27:58 Dealing with complex situations

33:20 Actually working with an advisor

38:23 The importance of professional help

43:20 Mindset & spending in retirement

50:03 Soundcheck – Kitchen gadgets