October 3, 2012

The 3 Most Overrated (And Underrated) Financial Planning Recommendations

"The economic and dogmatic biases of financial planners are so powerful that the tendency to overemphasize certain recommendations and underemphasize others is quite often the norm, not the exception.  Here are three of the most overrated recommendations and their corresponding biases followed by the least appreciated, most underrated recommendations.?"
Most overrated:
1. Tax privilege
2. Rates of Return
3. Retirement Goals
Most underrated:
1. Career
2. Liquidity
3. Simplicity
"Economic and egotistic bias drives the financial industry, but it need not drive your financial planning." Read the details by Tim Maurer at: http://www.forbes.com/sites/timmaurer/2012/09/27/the-three-most-overrated-and-underrated-financial-planning-recommendations/

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