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My parents are recently retired and they have been using a financial planner to manage their lump sums. I've been helping them learn more about it so they can help to make the best decisions. What questions should I have them ask at their yearly meeting with the advisor next week about how he is choosing what they are invested in?
I'm hoping to ween them off the advisor and manage it themselves but I think it may take several steps over a period of time. Any articles that would help point out recommended distributions would be highly appreciated.
Thanks in advance!
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