wandav22 says: I am sure there are many professional financial planners who will help these unprepared baby Boomers. But I believe there are many more who see Baby Boomers as a way to maintain their own lifestyle. Watch out for high percentage based fees, hidden charges, presentations on long term survival based on the flaw of average returns, misuse of overly optimistic Monte Carlo Simulations, no strategy to limit losses and many more dangers. These are covered in my eBook "What Every Baby Boomer should know about protecting their nest Egg in Retirement". Be prepared for your meeting with your financial adviser. |
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