10min chapter

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Friday Flight - Forced Fiduciaries, Bad Budgeting, & ‘One More Year’ Syndrome #822

How to Money

CHAPTER

The Shift Towards Fiduciary Advisors

This chapter explores the significance of financial advisors adhering to the fiduciary standard, prioritizing clients' best interests over personal gains. It discusses the benefits of fee-only fiduciaries versus advisors offering extra perks for higher fees, emphasizing the importance of understanding the fees paid and the value received. Additionally, the chapter touches on the necessity of financial education, retirement planning caution, and recent government rulings affecting airline passengers in the United States.

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