Fire Your Financial Advisor: 40 Years of Greed & Exploitation of the American Retiree, and How You Can Fight Back

by Greg Aler

Greed. Exploitation. And so many fees. All hiding in plain sight. That’s your financial advisor. Whose services and advice have become the outdated VHS player of retirement.


In Fire Your Financial 40 Years of Greed and Exploitation of the American Retiree, and How You Can Fight Back, Greg Aler tells the story of how the financial industry created a trillion-dollar empire by withholding information while over-charging and under-servicing retirees regarding the real risks of retirement. Greg then introduces the Retirement Planner. This is a new guide who was built to replace the financial advisor and address the four largest risks in retirement IRA taxes, market risk, fees, and the skyrocketing costs of long-term care.


No longer is retirement just about picking investments. Fire Your Financial Advisor shows that if you want to ensure your life savings are protected, you need a new guide for this new world of retirement.

Genres: Nonfiction

202 pages, Kindle Edition

Published February 14, 2023

Reviews

[Linda Moore · Rating 1 out of 5]

Author seemed to assume anyone reading this book is easily duped. Most of book focused on generalities and "folksy" analogies. This book was mailed to my spouse, unsolicited. Author may have some valid points however his delivery really doesn't work for me.

[Glen Leavens · Rating 3 out of 5]

A well done book with the interest of "small" investors in mind. I agree with some of the points in the book. He believes in "selling the farmland" to generate "income" in retirement and not setting up income producing assets, except for a basic Annuity. This is a comprehensive look at how to plan for retirement, including insurance, taxes and estates/wills. An entertaining read. I appreciated the section on Roth Conversions and why to do them.

[Jim Hendershott · Rating 3 out of 5]

The author makes a clear argument for disengaging from retail financial advisors (RFAs), and working with a legitimate retirement planner, instead. My only real criticism is that the book could have been much shorter if he hadn’t spent so much ink reiterating the evils of all RFAs (over and over . . . and over)— as if there are none beyond redemption. That may actually be true, but we don’t need to be told that on almost every page. A more concise argument could have arrived at the same conclusions more quickly, leaving plenty of room for a more fully described plan of action AFTER firing your financial advisor.

[Stefanie Varney · Rating 5 out of 5]

Must Read

WOW! Great read for someone in retirement, or planning for retirement. Tell everyone you love to read this book!!! Very inspiring and informative!!!

[Nancy Gildner · Rating 5 out of 5]

Everyone should read this book.