Don't Have a Financial Plan
NEW YORK (MainStreet) Perhaps financial planners should begin each client meeting with a disclaimer: "Do as I say, not as I do." While 40% of financial advisors say they intend to retire within the next 14 years, nearly half (46%) of them do not have a retirement strategy in place to accomplish that goal, according to a study conducted by the Financial Planning Association Research and Practice Institute.
The lack of retirement planning impacts an even greater number of advisors who need it most. According to the survey, two-thirds (66%) of advisors who are over 65 don't have a retirement plan in place.
http://www.thestreet.com/story/12156602/1/half-of-financial-planners-dont-have-a-financial-plan.html?puc=yahoo&cm_ven=YAHOO
The blind leading the blind.