FYI: I was stunned.
My family was watching a rerun of the “Teachers Tournament” on “Jeopardy!” I got excited because I knew the correct response to this question: “This proposed federal rule would have required all retirement planning advisers to act in their clients’ best interests.”
But before I could get my answer out, my 21-year-old son shouted, “What is the fiduciary rule?”
Wait. What’s happening?
I paused the television and just stared at him.
“How did you know that?” I asked.
He knew about the rule from watching HBO’s “Last Week Tonight with John Oliver.” The comedian had done a show on retirement planning.
What came next made my heart flutter with joy. My son initiated a conversation about investing for his retirement. He wanted to know whether he should start saving by using money earned this summer as an intern at NASA.
Regards,
Ted
https://www.washingtonpost.com/business/get-there/millennials--its-not-too-early-for-you-to-start-investing-now/2019/08/15/c76be55a-bf69-11e9-9b73-fd3c65ef8f9c_story.html?noredirect=on
