Looking for a review of your retirement plan by a Certified Financial Planner for $300?

[@dee4435]

Wowza, Joe. I'm retiring in January, as a single woman whose 43-year career has had 3 corporate layoffs. I have a decent amount in Fidelity, and I've lived within my means. But your news today is giving me a bright light that I can follow to ensure I'll be okay. Thank you. Very much.

[@MidlifeCrisisManagement]

thank you for getting this service rolled out, Joe. this is yet another reason for do-it-yourselfers out here to try Boldin first, then get fact-checked. love having another perspective!

[@joekuhnlovesretirement]

Well said!

[@woodsparker7902]

Joe, you have outdone yourself this time! Thank you for making this option available to all of us. There are a few comments from viewers seeking a sample plan. Suggestion: Seek a volunteer from one of your viewers who has completed the service and conduct a walk thru with the individual. This volunteer would have to be willing to be transparent to the audience. But oh what value this would add to the credibility of the plan! It would also be a great marketing tool for Donaldson.

[@joekuhnlovesretirement]

I like it. I will.

[@lindsaynewell6319]

@@joekuhnlovesretirementif it was a “live” where the audience could comment and ask questions via the live chat (like Rob Berger does) that would be even better. I have a feeling this could make your channel explode.

[@joefilbrun]

Joe, thanks for pulling this together for us. Booked my appointment for next week. Looks like $300 gets you a one-hour review call, plus I imagine they'll have to spend some time offline going through the plan and creating the written report. So this seems like a good value to me for a CFP review of my DIY Boldin plan.

[@joekuhnlovesretirement]

I love it

[@rossthomas2320]

Thanks for doing the research on this Joe! Just tried to sign up for a review and the reply email said they plan to re-open availability in Feb. Pretty successful program so far!

[@joekuhnlovesretirement]

I’m working with them on handling demand based on my experience. Thanks for your patience

[@christopherprice3226]

My wife is a teacher and has a Masters in English. I proofread and suggest word changes, when she writes magazine articles and speeches . Yes someone else needs to check out ones plan. I told you weeks ago this $300 would be a fair price. Thanks Joe for going to bat for your audience.

[@joekuhnlovesretirement]

I try to listen to needs of this audience

[@christopherprice3226]

@@joekuhnlovesretirement You do listen. Im proud of you becoming a trusted source. Im also happy about your reach past the Tri State. Thanks for your sound advice. Curious why Pooh is holding Grogu... Just kidding lol.

[@TakeAHikeToday]

DONE ✅ Paid and scheduled appointment with Donaldson. Thank you Joe!!

[@GeoffreyWickens]

Love the channel. Use Boldin last 6 months. Have completed form for Donaldson . My Fidelity guy AUM wants me to use their very bad tool to build a plan. So having my Boldin plan review is what I want and need.

[@joekuhnlovesretirement]

I’m a huge fan

[@GeoffreyWickens]

@ I just uploaded my plan both excel and the pdf. It would be great if you could convince Boldin to provide user with a “guest login” for read only. That would simplify being able to share with others.

[@lindsaynewell6319]

@@GeoffreyWickensVery similar story but not quite ready for review yet. Even better would be if hundreds of us asked for this “guest read only” feature via the Boldin chat tool 😁

[@jeanrogers7917]

I had my planning meeting with Collin at DCM last night. Well worth it. Collin gave fairly specific advice on aspects of my plan that need attention. I wasn't expecting that as I find that CFPs usually are vague in an introductory meeting. Collin had reviewed my uploaded Boldin summary and had thoroughly studied it and understood some of the current shortcomings of the software. I was impressed and if I decide not to go it alone, I will definitely strongly consider Collin. This is coming from a real cheapwad.

[@markh872]

Can you give an example of what the fairly specific advice was? Was there a report, or is that later? Just curious.

[@jeanrogers7917]

@ A Financial Plan Inspection Report was provided noting various areas with each marked either Needs Attention, May Need Revision, or Well-Planned and then specific comments provided for any marked Needs Attention. Specific advice was given as to whether Roth conversions are a good idea for me, when best for me to take Social Security, bond mutual funds vs bond etfs, and some things I entered in Boldin that he thought didn't reflect reality (some of my pessimistic rates). Mostly, he seemed open to answering specific questions.

[@mattpenn3972]

Sounds promising! Can you tell me what you provided? I'm thinking about uploading the Boldin spreadsheet, but then another doc that has my specific questions... i.e. how Boldin doesn't take my cash bucket plan into account, what my bridge to SS looks like, etc. What did you send to them before your meeting?

[@BruceDunkle-d2x]

Thanks for getting this setup for us Joe. I’m one of the “under management “ people but am happy to pay $300 for an independent qualified review and to support your efforts. I’m signed up and paid. I’ve noticed several people are waiting for others to try it and hear how it goes before they commit. Maybe you could provide somewhere where we could post our experiences after we get our reports? Or a post event survey or something? Thanks again Joe!

[@joekuhnlovesretirement]

Email me with your story. [e-mail]. Or leave a comment on KZbin

[@lindsaynewell6319]

That would be awesome content. Hopefully anonymous or just first name and home state to protect identities.

[@George_in_York_PA]

I’m signed up and ready. Thanks Joe for doing this. I talked to 3 CFPs locally and they wanted to much $.

[@joekuhnlovesretirement]

Give me a comment on how it went

[@mattpenn3972]

Thank-you for setting this up; time slots must be filling up as 30 Dec is the best for our schedule now. Looking forward to seeing a sample plan, something that the Donaldson team would find easy to comment on. Had a plan review on the calendar for this year and your work is making it easy for me to tick that off the list... thanks again!

[@joekuhnlovesretirement]

You’re welcome

[@donbain5375]

Joe: I just sent $300 to a firm I don't know based on a recommendation of a person I have not met (you). It could go either way. Interesting experiment.

[@Rimfirelvr]

would love a follow up once you meet with them

[@cwilson6880]

@@Rimfirelvrsecond that!

[@RockNM06]

I will wait for a few to post their comments about the value of having Donaldson review their plan. I suspect you will get about 1 hour of the CFP's time for the fee. For those that have already booked their review let us know what you think about it by posting comments.

[@noreenn6976]

I'd like to hear feedback also, especially from folks with low to moderate retirement savings

[@noreenn6976]

I'm curious to hear feedback also.

[@BadPhD777]

I'll also be on the sidelines hoping to hear from those who give it a try.

[@Koyaanisquatski]

I too want t.o hear how people who sign up,for the plan like the output and feed back.

[@pholman100]

Thanks Joe - this is great. I'll be doing this...thanks again!

[@resterAnonyme]

I signed up for the review on the evening of 11/25. I’m looking forward to it.

[@youngtimer964]

If I had/have any concerns regarding stability of my finances in retirement, I would seek out a CFP to review. But even then, I’d be on guard for what I feel are an extremely high percentage of crooks.

[@TheFtm22]

I hope you have a great response! My situation is more complex but I will direct people to this great option!

[@joekuhnlovesretirement]

Please send them my channel and my link to Donaldson

[@mjcarney8278]

interesting, but your comments and their site doesn't really detail what is included other than a meeting, a report and a summary of discussion. What does the report include? Recommendations on changes? Optimizing the plan? Have you gone through this and if so, what was your thoughts? Has anyone else that watches your site and tried this?

[@noreenn6976]

Good questions.

[@joekuhnlovesretirement]

They have a comprehensive checklist they go through to highlight gaps strengths and recommendations

[@jayholiday256]

This is similar to the company I’ve been with for 15 years (done in December). We render engineering opinions for $475 and crank them out, I’m allocated 2 hours per unit. I’m very happy with Boldin, and have a Edward Jones guy that’s been well worth the cost

[@mybrkly]

I laughed when you talked about your concerns about the plans you reviewed and said, "How lucky do you feel? It made me think of Dirty Harry!😂 Thanks for providing this information.

[@joekuhnlovesretirement]

😂

[@PorscheSpeedster-kz6nc]

Boy - that are going to be overwhelmed but more KZbin and affiliate money. Nice job filling a key gap identified!!! I would love to hear some testimonials!😊❤

[@joekuhnlovesretirement]

If I get comments and emails I will

[@boydleehalterman]

Joe, Been a client of DCM since 2004…

[@stuartfeigley]

Joe, appreciate the effort you put into getting this offer for viewers of your channel. I am interested in getting another opinion on what we have in place, so I signed up and will use the Boldin software you suggested. It will be interesting to see what they say.

[@joekuhnlovesretirement]

Send me email with your experience. [e-mail]

[@joeysocks5718]

Thanks! I’ll definitely be in touch with them

[@rickvale5481]

Joe: This sounds like something I might be able to afford. What does a sample financial plan look like? I’d love to see one!

[@joekuhnlovesretirement]

Some use their own spreadsheets and many will use the Boldin software. Its pdf is very good.

[@roguered706]

Gotta say Joe, your eyes are really popping in that shirt!

[@joekuhnlovesretirement]

🤪

[@garya7689]

Looks like they shut down appointments for a while due to the demand. Looking forward to getting on their schedule sometime soon.

[@clbcl5]

The uploading of your financial plan, what is it? A form to fill in the blanks, screen shots of account balances, questionnaire? I do not have what ever a ..PLAN..is as our situation on money is only 2 years old. I already started the process.

[@joekuhnlovesretirement]

Whatever you got. Spreadsheet, word doc or Boldin PDF

[@mjtrevors]

Thanks, Joe. I already signed up!!!!

[@joekuhnlovesretirement]

I believe you’ll be impressed

[@mjtrevors]

@@joekuhnlovesretirement just wrapped up my call with the CFP. What a great way to spend $300. You were right, Joe... I was impressed. Thanks for working with them to make this service available!!!

[@hopingsoon]

Thanks Joe. How does this compare to Boldin's $250 coaching review? I originally signed up for this and am meeting with Boldin next week.

[@lindsaynewell6319]

The basic difference is that Boldin coaching isn’t financial advice - it’s intended to optimize how you are using the tool, not how to optimize your financial plan (eg tax and investment strategy). Boldin does offer that service but it’s $2100 approx. to work with one of their two CFPs on staff.

[@joekuhnlovesretirement]

Boldin is great to understand the software. Donaldson will give advice on how to improve. They are certified financial advisors.

[@markh872]

@@lindsaynewell6319 Are we saying this is equal to Boldin's $2100 package? It feels like this is a complimentary call plus one, which is great and has a need.

[@AGr8Expectation]

Sounds like a great value for many of your viewers. Just as an fyi, Mark Zoril at Planvision will create a plan with your inputs for $300 a year.

[@joekuhnlovesretirement]

Sounds too good to be true

[@AGr8Expectation]

⁠check them out. They are pretty well known

[@atwood34]

I use Planvision, love it

[@Koyaanisquatski]

@@joekuhnlovesretirementwhy too good to me true?

[@rebeccaparsons9375]

Hi, I'm scheduled for November 13th. Let's see how it goes. I'll come back and give input afterwards.

[@joekuhnlovesretirement]

Thanks.

[@rebeccaparsons9375]

@@joekuhnlovesretirement Hi, my husband and I just got off the call with Alex. He was excellent! He was very detailed, knowledgeable and answered all of our specific questions. He pointed out a few things that we should change in our plan and explained why. He also gave us confidence in the things we were doing right so we can stay on course. If anyone has questions, I'm happy to answer. It was completely worth it and we really appreciated the opportunity to talk with him.

[@clbcl5]

I can't have anything wrong with my plan if I really don't have one. I have my money in several accounts and they make money. i made great mistakes.

[@pattis.7096]

Thank you! I've sent in my request. :)

[@wilma6235]

Oh shouldn’t we use a standard PDF from Boldin to help Donaldson staff.

[@joekuhnlovesretirement]

Yes

[@CG92965]

Fantastic job and thanks so much for making this happen for all of us Joe! I’m signing up right now with Donaldson. Quick Question: I have just a little work left to get my detailed budgeter section in Boldin refined. How do we generate a pdf report of our plan in Boldin that we can share with Donaldson?

[@davidperry2725]

"Download/Print" menu. "Print Plan" will give you a nice report.

[@CG92965]

@ Thanks David! I just paid Donaldson and in the scheduling process now. Thanks Joe!!!

[@joekuhnlovesretirement]

It’s an option from the left menu at the bottom

[@duvallestudios]

What does this mean in their Agreement?: "(iv) DCM does not assume, and hereby expressly disclaims, any fiduciary obligation(s) to You; and (iv) no portion of DCM’s services should be interpreted as legal, tax, or accounting advice." Specifically "...any fiduciary obligation(s) to You;" I'm interested in a review, but you have recommended to ensure they are fiduciary to you, and this term of their Agreement concerns me?

[@joekuhnlovesretirement]

That is their agreement with you. I have not seen it. I believe since they are only reviewing your plan in about an hour, the product is not as robust as a full planning product where they spend several hours with you creating that plan. This is a review with an expert not a complex plan creation. Make sense?

[@mcrunk13]

The reviews are already booked through December. Will they have the link back up again for future dates?

[@joekuhnlovesretirement]

Yes. They are meeting on how to handle this workload. They were prepared to handle 8-10 a week and the demand is significantly higher. They committed to solving. Perhaps hire more people.

[@rvnut1133]

My problem is that because I am not a millionaire no one is interested in helping me plan for my future. I need help with my 403B, ROTH and other accounts allocations and such. Do they require a minimum?

[@noreenn6976]

Great question

[@joekuhnlovesretirement]

No minimum!

[@rvnut1133]

Thanks, I am in let's see how it goes.

[@noreenn6976]

Is Donaldson a fiduciary? Will we be assigned to a newbie CFP or someone with years of experience?

[@joekuhnlovesretirement]

Yes on Fiduciary. I know one of the CFPs. He is 30. Donaldson’s reputation is on this. Expect it to be very well done.

[@whiskey_tango_foxtrot__]

"A man's got to know his limitations." -- Dirty Harry

[@clbcl5]

Limitations of only 6 shots.

[@GaryWetz]

I'm in.....

[@Dave-FIREd]

How is this different and/or better than the $250 "coaching" session offered by Boldin? Or is there really no comparison between the two offerings? Just curious...

[@GeoffreyWickens]

The $250 from Boldin is only a review to see if you entered everything correctly, their fee for a full review is a lot more $.

[@joekuhnlovesretirement]

Boldin will coach on their software. How to use and input. Donaldson will give advice from a CFP perspective. Different

[@paulhenry4865]

Thanks Joe for doing the heavy lifting on this. I was going to sign up for Boldin’s $250 coaching session, but now I have a decision to make. Donaldson or Boldin. Thoughts anyone?

[@joekuhnlovesretirement]

They have different areas of expertise. Boldin will know software well. Donaldson are CFPs. I’d try CFP first

[@hopingsoon]

I just met with Boldin for their $250 session. It was really good and gave me some good advice on my inputs. Showed me some examples of reports I was not aware of in the application. However, they will not give you any financial advice and tell you how to invest.

[@tracybarr9771]

If you have do not have a definite plan, can you submit your finances for them to review on this plan?

[@joekuhnlovesretirement]

They will advance your thinking starting where you are.

[@bobdixon5796]

Joe love your channel! THANK YOU! great suggestion. However, have you piloted this service with some targeted viewers, family, friends, or yourself to see what the consulting and deliverables are expected to be? Also how far will the company go to help someone who thinks they have a plan but are missing large parts of a comprehensive plan? In other words, this might be more like paying for 90mjns of review and basic template summary vs customized consulting. I guess I’m wondering how you know what you will get for the $300.

[@joekuhnlovesretirement]

They have a confidential checklist I’ve seen, their reputation is on the line.

[@BadPhD777]

On the donaldson website it says "you will receive an email to upload your financial plan". What do they expect me to upload? Is there a bunch of information they are going to ask for, or what? Details please!

[@joekuhnlovesretirement]

Enter anything you got. Spreadsheet, word document, Boldin report. Or just list assets and expenses. They will meet you where you are.

[@BadPhD777]

@joekuhnlovesretirement That's very nice of them! I'd say it's up to the customer to give them plenty so they get a good result!

[@mcrunk13]

I’m currently 40 and several years away from retirement. Is this something you would recommend as a review to see how I’m progressing towards being able to retire between 55-60?

[@joekuhnlovesretirement]

Yes!!!!!!!!!!!!

[@TheDealHunter]

Joe - I was one of the two that got a passing grade from your review. Do you think I would benefit from a review from Donaldson?

[@joekuhnlovesretirement]

It’s a low cost independent evaluation. If you need confidence to make a decision, I say yes.

[@cutehumor]

is this CFP plan one time fee of 300 dollars? or is it $300 a year? do you have to sign some kind of agreement to use them every year?

[@joekuhnlovesretirement]

One time 300. No agreement. You can redo anytime you wish

[@wilma6235]

I would pay $300 for a review (second set of eyes) of my plan loaded in Boudin and a question or statements of a couple of things I plan to do. My brokerage offers a free service. Great for narration in their system but not good on their suggestions. All crazy stuff in their favor. Beware.

[@joekuhnlovesretirement]

Exactly why 2-3 sets of eyes better

[@davidk6498]

I don't think i will do this and will watch there must be a different angle there looking at to make this worth it for them 300 does not cut it there is no free lunch

[@JPK-o9d]

I’m calling BS. Assets under management is not OK. That is highway robbery. I don’t think we can call this channel valid retirement advice based on that one statement you just made. You’ve lost one subscriber here

[@joekuhnlovesretirement]

There are many types of people. If you do not want to study laws, rules, and best practices of investing it is a good choice to pay someone versus going blind. I am not such a person and I assume you are not. But my wife is. this is reality.

[@JPK-o9d]

@ Even so, you are fiscally and morally compelled to advise ‘fee-only financial planner’ over assets under management type.

[@cnevins3866]

Update part 3: (out of order sorry) Just completed my review with Colin. He spent 90 min with me, was not in a hurry. Bottomline, great man, I told him he kind of pissed my off a couple of times, but you would have too. We laughed. He is a good listener and not afraid to challenge my assumptions along the way. I'm going on their annual plan program for now. I highly recommend them. Thanks again / Update Part 1: Joe, just a quick update. I paid the $300 yesterday morning, received my receipt via email, never received the follow-up email to schedule the appointment etc. I called the office yesterday morning, very nice, no resolution but did receive an email requesting payment again but nothing for the promised appointment. Called again this morning, very nice, person was not very familiar with the offer or you. I reminder her of your name and that you are a famous YT star. "Oh yes, I think I remember reading about this". She is going to have someone get back to me. More to come. / Update part 2: I just received a call from Colin and he apologized for the early glitch and made an appointment with me over the phone. He mentioned I was one of the first and the glitch’s have been fixed. He sounds like a great guy. Thanks again Joe!

[@joekuhnlovesretirement]

Thanks for sticking it out. They got overwhelmed with calls and requests. 93 in 24 hours. They were not expecting.

[@cnevins3866]

@@joekuhnlovesretirement yep I guess they underestimated your reach. All is well. thanks again

[@peardisplay]

has anyone tryed plan vision. Rob Berger has note his outfit befor. i guess its like $250 then $8 a month with a plan, basic recomendations, hep making transfers, acces to cfp.? if i wasnt in vanguards .3% I would give them a try.

[@MrOverclocked92]

@peardisplay I have used Planvision, I'm about 4 months into my engagement with them and am very happy with what I have experienced so far. It is $300 for the first year then $8/month after that, cancel anytime after the first year (they also have a money back period of like 30 days or something). They aren't for everyone, watch their videos and decide if they fit. I had my first CFP meeting with Sal Ferrito a couple of months ago. Had a good discussion, walked away with some items to consider / actions to take. Sal suggested meeting with him again in another 6 months and email if I had any questions in the mean time. I went into it wanting someone to check over my plan / assumptions and point out anything that I might have missed, I feel I got that from their service. Feel free to ask any questions you have, I'll try to answer.

[@joekuhnlovesretirement]

I’ll check them out. Sounds too good to be true. Why $250/yr for a CFP? Perhaps not the best CFPs.

[@MrOverclocked92]

@@joekuhnlovesretirement Joe I suggest you look at their business model before you start guessing at how they do it for $300/yr. Look at the bogelheads forum where you will find reviews and I think if you talked to their founder Mark Zoril, he might even be wiling to discuss it with you. I am using them and find them to be a good fit for the do it yourself type.