Clicking on the link below will take you to some text and some tweets about a YouTube video from John Oliver talking about retirement on his HBO show, “Last Week Tonight”. The video is also there.
I highly recommend that you click on and watch the video. It is a very funny way to tell the truth. He says what I believe and have been telling my clients since I’ve been in this business. By the way, since Oliver’s show is on HBO, he is free to use language that some may find offensive – some is bleeped out.
In simple terms, being a fiduciary means that your financial advisor has to put your interests above their own.
By the way, if your financial advisor is a CERTIFIED FINANCIAL PLANNER™️ professional, then he or she IS a fiduciary. If you are working with a financial planner who is a CERTIFIED FINANCIAL PLANNER™️ professional, and you feel they are not acting as a fiduciary, you have the right to report them to the CFP Board – go to http://www.cfp.net.
Here’s the link – enjoy and let me know what you think about John Oliver’s take on things. (Cut and paste the link into your browser if clicking on the link doesn’t work.)