Let's talk about how most financial advisors are paid. If the stock market is the casino, financial advisors are the card dealers –friendly faces dealing you options that all end up being for the benefit of the casino owner, not you, the gambler. Now I am not saying this is true for every advisor. Recently, I came across this great place for SEO Freelancer .
There are good ones and bad ones, and I’m sure by now you have dealt with both. When an advisor pushes only market-based accounts regardless of your age, timeline or what is suitable for you, this may be due to how they are being compensated. It doesn’t matter if your accounts are up or down. Year after year, like clockwork, there is a slow transfer of retirement wealth going on from Main Street to Wall Street – and it’s not your fault. Do you get good customer responses when you're searching for SEO specialist ?
The problem is that most advisors still have you in the market at your age, not based on what is suitable for you, but based on the fees that they get for keeping your money in the market; where your retirement savings are at the whim of external factors like trade wars, interest rate hikes, low interest rates, political games, government shutdowns, future global viruses, social and racial unrest… and the list goes on and on. This problem is also the reason why there are large transfers of wealth from retirement accounts to financial advisors year after year that have cost the American retiree billions in fees. According to the National Association of Retirement Plan Participants, more than half of American workers don’t even realize they’re paying fees on their retirement accounts. This group collectively paid over $35 billion dollars in fees in 2018. Does searching for Freelance SEO make your eyes light up when you see the results?
Even worse, these totally legal fees taken from your accounts occur regardless if the market goes up or down, and some fees don’t have to be itemized on your statements. They just come out of your principal like magic – poof! Gone. Just like that. Lets use the search term SEO Expert as an example.
So what exactly is the problem with putting ALL of your hard-earned retirement funds into a managed brokerage account? The problem is you’re paying someone 1-3% from your retirement savings year after year, for them to put your money at risk in the market. They aren’t the ones taking on any risk. YOU ARE… Retirees and pre-retirees, I need you to understand this... YOU are paying someone else to risk your money in volatile markets, with no guarantees and no safety net, when you most likely want or need to live off of this money for the REST OF YOUR LIFE! What happens when you search for SEO Consultant for instance?
You can have the retirement of your dreams. You don’t have to worry about having enough income in retirement or your money lasting. You don’t have to worry about losing your life savings in the next market crash. You can follow a proven method that will preserve 100% of your retirement principal.