Offer your thoughts or opinion on the input financial query or topic using your financial background.

Advice for college student: Should I hire a financial adviser or just invest in index funds?
Exactly what you do with the money depends on various personal choices you'll have to make for yourself.  Investing your money in Vanguard index funds such as the ones you mentioned is certainly one smart move.  However, I think you're quite right to be suspicious of an advisor with a 1% fee.  In many cases, such advisors are not worth their costs.  The thing to remember is that, typically with that type of fee structure, you always pay the costs, even if the advisor turns out to be wrong and your money doesn't grow. One thing to check is whether the advisor you mentioned is paid only by the fees he charges (a "fee-only financial planner') , or whether he also makes money via the sales of financial products.  Some advisors earn money by selling you financial products (such as mutual funds), which can create a conflict of interest.  You can read about fee-only financial advisors and choosing a financial advisor on Investopedia.