No. of Recommendations: 1
When I look at most planning for retirement advice (I know you agree with this), I find the assumptions pretty questionable

I have to agree with this. I rarely see professional advice approaching anything I would consider reasonable, and to pay for this kind of advice would add insult to injury... just imagine all of the people who were 80-100% in equities based on professional advice and the thumping those people have taken (or still are taking, to be precise)... imagine paying 1-2 % fee on top of that, which is pretty much the going rate. Maybe some professionals recommended lower stock allocations than 80% (haven't seen many though). I would most like to see the professionals that steered people out of equities at an appropriate time. These are the people that would get my business, but there probably wouldn't be very many to interview.

-hack
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.
Advertisement