Andy has been saving for retirement in 30 years, and for his daughter's college education since shortly after she was born. Andy has very little debt except for his home mortgage. He meets with a financial adviser who mentions a
problem with his financial plan. What does the adviser suggest Andy is missing?
Andy is missing out on savings opportunities, and should invest in some higher-risk mutual funds.
Andy is missing out on savings opportunities, and should pay off his mortgage early to invest
Andy does not have his plan adequately protected, and should consider a life insurance policy.
Andy does not have his plan adequately protected, and should consider buying a second home to increase his assets.