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Do-It-Yourselfers: Makeover a Bathroom? OK. Plan for Retirement? Maybe Not.
LIMRA Link to more items from this source
June 28, 2016
"44 percent of pre-retirees and retirees do not engage a financial professional when preparing a financial retirement plan. Of those 50 percent say they can do it 'just as well (or better) on their own.' But can they? ... [W]hen it came to determining their income in retirement and how long their assets would last, nearly 80 percent used an online tool or manually calculated using a pen and paper. One in four 'do-it-yourselfers' simply guessed[.]"

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