>If everything you had thought was true about saving retirement was wrong when would you want to know about it? So many people today have experienced negative changes in their retirement plan and feel like they have no choice to stay with the plan, especially if it is from a previous employer. What if your old 401k was like an “ugly baby”.
Most of us will never have to complete such an absurd task of telling a lady that her baby is ugly. But suppose that you did? How in the world would you go about doing that…and manage to keep all of your limbs where they belong? That mother is so emotionally attached to her baby that no matter what you say, you will never convince her that her baby is ugly.
People today have a similar emotional attachment to the way in which they choose to manage their finances. Let’s face it, no one wakes up in the morning and says to themselves, “I’m going to put myself into a financial hole today!” Or, “I know that my current financial strategy will cost me in the long run, but I’m going to stick to it anyway.” But they continue to adhere to the same financial strategies because they believe that it’s the best strategy.
So how do you answer the question “If everything you had thought was true about saving retirement was wrong when would you want to know about it”?