Asteroid Puts Financial Planners Out of Business

June 1998
Journal of Financial Planning;Jun98, Vol. 11 Issue 3, p15
Academic Journal
This article questions the issue of financial planning in relation to the information that the Earth will be struck by an asteroid in 2028. It looks as though the mile-wide asteroid predicted to strike earth in 2028 is going to miss by a few hundred thousand miles or so, but the threat of it did gave us pause. If financial planning clients knew an asteroid was going to hit about the time they plan to retire, or even in the middle of retirement, just how much financial planning would they continue to do with planners? Would you bother to save for retirements or manage your money in a responsible way? Why not run up your credit card and see the world? Who would care about paying it off?


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