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Old 09-03-2020 | 04:46 PM
  #220  
Noworkallplay
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Originally Posted by PurpleToolBox
What he said. Same experience. My financial advisor did a double take when I explained our A-fund. That financial advisor, Fidelity Wealth Management.
Wow, same experience as poster above. Interesting. Asking a financial advisor who doesn't specialize in pensions questions about pensions? I think people who specialize in that area are called ERISA attorney’s and pension specialist. Well guess what my financial advisor says? He says “im not an expert in that area so I will defer on that subject”. I think thats why I trust and respect him. He knows that DC plans and DB plans are two completely different animals.

You know what I find funny is we have many who specialize in the DB field who have worked on this for us to include an ERISA attorney and numerous outside consultants. I think I will listen to what they have to say on this subject.

Lets say someone comes oboard an MD-11 and states “im a pilot”. Does that make him capable of flying that airplane? What he forgot to tell you was he is only a private pilot. So as you can see a “financial advisor” is not an all encompassing term.

Now as I have stated numerous times, im not stuck on only looking at the new A plan. Im open to many different “fixes”. Im open to retirement gains PERIOD.......

Last edited by Noworkallplay; 09-03-2020 at 04:57 PM.
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