Well, she had me sign papers saying she is legally supposed to act in my best interest. So I guess I could sue her if she didn't. And she gets paid by a percentage. So for one account, it's 2 percent, the other is 1.5 percent.

Gotcha. Well, she already invested a good chunk of my money with TD Ameritrade doing like ETFs and stuff. Soooo I wonder if it would be worth it right now stopping my agreement with her and going with someone else. I've already told her not right now for the whole life insurance and she was fine with that.

Gotcha. Well, she already invested a good chunk of my money with TD Ameritrade doing like ETFs and stuff. Soooo I wonder if it would be worth it right now stopping my agreement with her and going with someone else. I've already told her not right now for the whole life insurance and she was fine with that.

She is percentage based, not flat fee. And she had me sign a bunch of papers stating that legally, she had to work in my best interest etc. So I am assuming that means she is a fiduciary?

Thanks for the recommendation! I just want financial freedom and I really want to be able to not have to work as a nurse full time. It's a hard job in multiple ways.

Yeah very understanndable. For nursing school, I didn't have to take anything besides basic econ. Everything else was science or social sciences related. I imagine it's similar for doctors. I really wish financial literacy was more of a focus for high school and college.

Thanks!! I'll take a look

I will ask her about the comission. What do you mean if she is not a fee only and a fiduciary?

No I have never heard of it. Is it easy to understand?

I really think I am though. Whenever I read anything about finances, it doesn't make any sense to me. If it's not something medical, it's like my brain does not compute. I don't even know how I am a fully functioning adult with a good income.

Well to be fair, it's only because I asked my dad about it and he said it wasn't a good idea lol. I would've had no clue otherwise.

Because I am not financially literate. I make a good amount of money currently as a travel nurse, but have not invested in anything hardly until now and I'm almost 34. I want to retire early and I would really like to be able to have some passive income or a turn key business eventually so I dont have to work full time as a nurse.

She hasn't been pushy about anything at all thankfully. I told her I want to hold off on whole life for the time being and she said that was fine. What would be a reason that whole life would make sense for the average person? I haven't really invested much in anything (401ks included) and I'm 33. I make really good money travel nursing right now. To my understanding, whole life, along with everything else, was to kind of "catch me up" to have a good retirement.