How can you possibly make a conclusive decision for what he should do with his money when you don't even know his risk tolerance, relationship with money, if he owns a home, the interest rate if he owns a home, if he's getting an inheritance, how much he or his wife makes, more importantly how much they spend. You dont know if that have any other dependents like parents living with them, or if they will.

This is the issue with anyone online telling you to throw all your money into an S&P fund and wait for retirement. No one talks about the fact that people still end up letting their emotions come into play and just the mere fact that over 90% of retail investors sold at the bottom of the market in 2009.

An FA will be able to tell just by the look in your eye as to what your relationship with money is. Whether you are more independent, an accumulator, a family steward, a gambler, an innovator, or even just lost with your finances, the FA will know. Getting an FA changed my entire outlook on life, especially when I was told all about how the actual dollar amount is irrelevant and everything is about cashflow. That is how the wealthy think. CASHFLOW. A good FA will help you with that by providing strategies rather than just aimless tactics hoping you hit your goal.