In the recent past we looked to professionals of the financial planning industry to help us devise a more informed plan that would take us comfortably into our retirement years. Unfortunately, the procedures and methods that most typical financial planners follow and suggest have become archaic and antiquated (even self-serving). Too often, this misguidance has led to diminishing returns instead of the large gains usually promised. As a result, and for good reason, we as a public have lost our faith in these so-called professionals and have lost the desire to save or invest for the future. Read the book, “Where are the Customers’ yatchs?” by Fred Schwed Jr.
To further the challenge, Social Security has published their prediction to be bankrupt (See your yearly Social Security statement page 1 top right paragraph) and the government is screaming at the public through almost every form of media to establish a … Read More