Monday, July 30, 2007

 

How To Spot Retirement Hogwash

Some call it hogwash. Others call it B.S. No matter what it's called, those on the verge or already in retirement need to be on the lookout for it. Older Americans must have their "detector" up when it comes to the products and services being hawked by those in the so-called retirement industry.

According to John E. Nelson, the co-author of "What Color is Your Parachute? for Retirement: Planning Now for the Life You Want," older Americans must be able to tell the difference between the products and services they really need and want vs. those that firms -- especially in the investment, insurance, real estate, travel, retail and anti-aging industries -- want them to be buy.

How to Spot Retirement Hogwash
Source: CBS Marketwatch

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