Chapter 1
ADVICE, ADVISORS, AND WHAT’S NEW
The following experience did not end well for anyone involved. Frank’s wife, Lu, felt a twinge in her neck as she jerked her head left, away from the overdue mortgage notice, toward her husband’s shout.
“Bastards!” he yelled, crushing the annuity carrier’s letter.
“What?” she gasped, simultaneously wiping away tears and rubbing the back of her neck.
“These people actually refuse to take my whole rollover! They want to know what I want them to do with the half they won’t accept. The rollover was almost nine hundred thousand and I chose them to get away from market risk into this pension thing Chester advised me on. Almost a million dollars, and they have the nerve to tell me that?”…