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Retirement is around the corner, and I have all of our funds— $1.4 million—at Fidelity through my workplace 401(k). I feel that I’ve found a good adviser at Fidelity and I am considering having her manage my portfolio for a 0.83% assets-under-management fee. I feel confident in her knowledge. I’m not very comfortable managing these investments on my own. We will be converting the 401(k) to an IRA.
What are the pros and cons?
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