Two questions here:
- What is the best investment strategy for low risk income-oriented investor?
- What is an acceptable fee for IRA money management?
I have a 401k account I am looking to roll over into IRA. I would like to make some early disbursements (about half the account over a few years) for the purpose of educational expenses. I was wondering what type of low risk investments would yield the best ROI. The financial adviser at my bank has offered to help and invest it for me but I am concerned that it might not be the best choice as I suspect they probably charge high fees. What would be an acceptable fee?