No. of Recommendations: 2
pauleckler writes,

Most who sell financial products, do so to make a living. A law that required them to sell the most cost effective product to every client would be devastating. They reserve the right to extract extra income from those who can afford it.


I see no evidence that the sale of financial products with excessive fees is limited to those who can afford it.

How many workers with median incomes have seen their IRA/401ks pummeled by fees?

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.