Monday, December 8, 2014
Why Financial Planning Doesn’t Work - New Prosperity Economics
Every so often an articulate contrarian surfaces to challenge the status quo. Kim Butler is a self proclaimed recovering certified financial planner, who defies the cultural conventionality of the financial services industry.
Kim doesn't believe financial planning works. She says that assumptions that are traditionally used are often incorrect. Mathematical models don't reflect real life. She says most consumers don't realize the difference between investing and saving.
Qualified plans get drained with fees and and opportunity costs. Most plan participants are under a false sense of security, believing that they will have sufficient funds for retirement. Kim says that's just not true.
Syndicated financial columnist and talk show host Steve Savant interviews controversial author and registered investment adviser Kim Butler over her contrary views of retirement. Her books include Busting the Financial Planning Lies, Busting the Retirement Lies, and Live Your Life Insurance. http://youtu.be/Xgd8tXnW7sI
About Steve Savant
As the National Marketing Spokesperson for Ash Brokerage, Steve Savant looks forward to meeting financial professionals in every way possible - in person or by video through conferences and social media.
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