The retirement-savings rule is on life support
By Jon Stein
You give your retirement money to a financial professional. You expect that person to act in your best interest — to charge reasonable fees, try to minimize taxes and make decisions that are going to get you the returns you deserve.
You expect this because it’s their job. Surely they’re going to advise you on the best investment decisions for you … right?
I wish it were that simple, and I can’t believe it isn’t.