Comments on: Don’t Buy Financial Products from the AARP. http://www.americanconsumernews.com/2007/11/don%e2%80%99t-buy-financial-products-from-the-aarp.html Helping Smart Shoppers Save Sat, 20 Mar 2010 21:11:39 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Div Guy http://www.americanconsumernews.com/2007/11/don%e2%80%99t-buy-financial-products-from-the-aarp.html/comment-page-1#comment-1022 Div Guy Wed, 07 Nov 2007 15:06:00 +0000 http://www.americanconsumernews.com/2007/11/don%e2%80%99t-buy-financial-products-from-the-aarp.html#comment-1022 Matt,<br/><br/>I agree and disagree with you on your article. I have worked for a mutual fund company that was part of the AARP financial products so I may be biased. <br/><br/>If a person has knowlege of the financial market and products they most likely can find a product that offers a lower price. But many seniors are not that skilled in searching for financial product. In the case of AARP Mutual Funds they offer 4 simple index funds with low expenses of .50%. Yes you can find lower expenses with companies such as Vanguard but then there are so many choices some seniors will get confused. The AARP Mutual Funds are also a great place for someone with only $100 to start out.<br/><br/>So for savvy seniors, I say go out on your own but for seniors that need simple options take a look at AARP financial products Matt,

I agree and disagree with you on your article. I have worked for a mutual fund company that was part of the AARP financial products so I may be biased.

If a person has knowlege of the financial market and products they most likely can find a product that offers a lower price. But many seniors are not that skilled in searching for financial product. In the case of AARP Mutual Funds they offer 4 simple index funds with low expenses of .50%. Yes you can find lower expenses with companies such as Vanguard but then there are so many choices some seniors will get confused. The AARP Mutual Funds are also a great place for someone with only $100 to start out.

So for savvy seniors, I say go out on your own but for seniors that need simple options take a look at AARP financial products

]]> By: Anonymous http://www.americanconsumernews.com/2007/11/don%e2%80%99t-buy-financial-products-from-the-aarp.html/comment-page-1#comment-1021 Anonymous Wed, 07 Nov 2007 14:55:00 +0000 http://www.americanconsumernews.com/2007/11/don%e2%80%99t-buy-financial-products-from-the-aarp.html#comment-1021 Actually, the study about AARP products you mention was not done by the LA Times. it was done by Drew Tignanelli of The Financial Consulate in Lutherville, MD. He is a Fee-Only planner and brought his research to the LA Times for them to cover. Actually, the study about AARP products you mention was not done by the LA Times. it was done by Drew Tignanelli of The Financial Consulate in Lutherville, MD. He is a Fee-Only planner and brought his research to the LA Times for them to cover.

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