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Retirement Fund Returns - something's missing

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Money Talk > Retirement Planning

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patmil
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Retirement Fund Returns - something's missing  Reply with quote  

I'm a bit confused.

We have been convinced (brainwashed?) into believing that the only way to be financially prepared for a comfortable retirement is uninterrupted saving throughout our working life in some risk/reward designed retirement portfolio.

However the institutions through which our money is invested make so much that they can afford to pay some employees such large amounts of money that they have enough to retire within a few years. In addition these institutions also manage to make enough to provide shareholders with their fair share.

Something's not quite right. Anyone know how to get on this gravy train?
Post Thu Sep 30, 2010 3:48 pm
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coaster
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Simple. Don't give your money to those institutions.

There are enough reputable places to send your money to be invested for you.

Do your due diligence and don't believe everything you're told.

~Tim~
Post Thu Sep 30, 2010 6:11 pm
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calbeach
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You can invest on your own without using the financial advisor but you have a bigger risk on your shoulder. The risk reward ratio is greater compared to using these financial companies.
Post Thu Sep 30, 2010 7:02 pm
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