For over 20 years I have helped hundreds of individuals and families better their finances, get ahead to have a better life, achieve the American dream, improve their financial position in life to have a higher quality of living, to raise their standard of living.
Read MoreTraditional retirement accounts, both IRA's and 401-K's are commonly pushed by many financial advisors.
Traditional retirement accounts, both IRA's and 401-K's are commonly pushed by many financial advisors. They have fees even when your account goes negative by the advisor. They both have the downfall of market risk of losing money when the markets go negative. They have a cap on annual contribution limits. You cannot take income for life if you need to an income stream prior to age 59 1/2. They do not have the option for long term benefits associated with the account for income options.