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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I find this this OP to be insincere. It is impossible that anyone could be savvy enough to accumulate $7.5 million in net wealth by age 55 and yet be unsure about how they will survive in their retirement years.

This is a false thread created by Certified Financial Planners for the purpose of selling theirs services. [/quote]
But I don't get who the target audience would be?  You sort of said so yourself:  who has $7 million and doesn't know how they will do in retirement?  No one, I'd guess.  So not much of a sales tactic.  But I agree that it does sound off.  [/quote]

There are a lot of people in this targeted market who have a net wealth of $0 - $7.5 million who may read thread and believe if of person with such wealth needs a CFP, then maybe they do too. The only scenario I could imagine for a person of such wealth tone so clueless would be in the unlikely case of a lottery winner or some truly unexpected inheritance. [/quote]

Ouch.  It's not everyday I get to feel like an idiot savant.

No lottery tickets or inheritance - just a fair amount of wealth accumulated over a 30-year career doing something fairly remunerative reasonably well.  If I did it worse, I'd probably have made less over the years and spent more time thinking about personal finances.  If I'd done it better, I'd probably be planning to do it for another 10 years and not thinking about retirement.  Is that situation so unusual for people in their mid-50s around here?

People on this forum, when they aren't in attack dog mode about schools or real estate, seem generally to be reasonably helpful, so I thought I'd toss our situation out and get some feedback.  I do think the idea of consulting with some planner makes sense.  As I mentioned, the only person I know currently who falls in that category is our CPA, and I don't want to speak with him/her, because he/she works with my colleagues and is a bit of a gossip, and I'm concerned that he/she might try to get me invested in some financial product(s) that would earn him/her a commission.    [/quote]

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