Photo by R'eyes

I have many clients who bought unsuitable products and as a result have to postpone their retirement for many years. Let’s say if they had just bought simple products, they would have retired at age 55. But because of the unsuitable products, they have to postpone their retirement to age 70.

Most of the time the unsuitability arises due to two reasons:

1. The product has an extreme high expense ratio and thus much of the returns are taken away through effect of deductions and Read more…