We Don't Need Social Security One Bit -- People Can Just Plan Their Own Retirements
From the summary of a
study on financial advisors:
46% of financial advisers do not have a retirement plan for themselves, yet 40% are planning to retire within the next 14 years.
Like always, misinformation. Financial advisors may not have "retirement" plans because they are smarter than that. They make investments. There is very little benefit for wealthy people to invest in retirement accounts/plans. They invest in assets that dont have restrictions (like turning 60). Instead of dumping money into an IRA, they dump money into a personal investment account.
ReplyDeleteor maybe another iteration of, "those who can't do, teach"?
ReplyDelete