No. of Recommendations: 1
All that advice isn't going to do you much good if your holdings are taking a beating. Here is a new flash - even fee-only advisors get it wrong (e.g. 2008 & 2009). Paying less fees is in not necessarily coorelated to either getting better advice or getting a better return.

I think the point is that the market will do whatever it does, regardless of where you get your advice and how much you pay for it.

A secondary point is that VA's are chock-full of expenses and gotchas that are not readily apparent. Many of the guarantees are worthless, as what you think you are getting is not, if fact, what you are actually getting.
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!
Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
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.