............and by his strict adherence to the status quo of retirement planning, and the vast numbers of folks listening to his advice (as if the world financial structure is not changing and will not change), millions have lost millions.
Unnecessarily.
......and millions more will lose as the dollar comes to it's demise. It also strikes me that none of us knows if he/she will be alive tomorrow, but we stash as much as we can against our old age, when what we save continues to lose value........the dollar has lost 37% of it's value since 2000.........profits and losses are all subjective I guess, you think?
Hard, tangible assets and true liquidity will hedge against a collapse. Not a 401K.