Is there any benefits from hiring a financial advisor in a young age? I’m 26 and I’m not sure I’m picking the right investment for retirements accounts etc.

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There absolutely is benefit. Especially considering your at McKinsey and your work life balance is already dismal and you should not spend any time worrying about investing, let a professional handle it for you. Coming from a former strategy consultant turning financial advisor career changer

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It depends on the structure. I would not use a commission-based advisor as they will just drop you in a few funds and set you back 5-6%. I would choose a DIY like Vanguard over that set up.
If you can find someone who is a fiduciary and will do straight fee-based, and offers no-cost or low-cost planning, then yes. The drag from an annual % is much lower and will often be less than the value they add by knowing you long-term and helping you make and reach goals.

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Imo advisors, similar to accountants’ main benefit is in long term strategic planning. It’s nice to have a savvy stock picker, but it all comes down to luck, and many can sometimes find it hard to outperform the index. At your age, would do a robo advisor or just dump money in the S&P every month

What do you mean by retirement accounts? 401k, IRA or a combination of both?

If you have a 401k go as aggressive as you can. IRA accounts I would do the same. You have a long time horizon and you should be aggressive. I don’t know if it’s worth paying an advisor for that, but only time an advisor might be beneficial if you need someone to be tactical with your investments . That’s what you are paying them to do.

I’ve had an advisor since I was 21 (obviously before my career change.) The investment stuff you can *probably* figure out with enough research. It’s the financial planning and behavioral financial coaching that you can’t get from a DIY approach.

Happy to chat with you. Not a sales pitch. Just sharing my experience. Send me a dm if you’re interested.

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