No. of Recommendations: 0
My local banker won't know anymore than I.

Probably. In any case, due to those products usually being sold on an over-the-counter basis you're likely to need an upscale (e.g. private banking) rather than retail relationship to execute the first and third strategy. These accounts ($$$) usually come with product experts that know what they're talking about ;-) Given the amounts generally involved when it comes to retirement it may be worthwhile.

Otherwise, the second strategy is something you could try yourself.

Print the post  


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.
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.