The Human Side of Money
102: Delivering Advice That's Easy To Implement By Making It Reasonable Not Rational
Lack of follow-through and implementation of advice is a wide-spread problem. One study revealed this gut-wrenching stat: 70% of clients implement less than 20% of financial planning recommendations. There are a number of reasons to explain this. A primary reason is that advisors deliver advice that looks good on a spreadsheet, but it doesn’t fit …