Most financial planners will tell you that the usual advice for younger adults' retirement planning is to invest in the higher risk growth category, like stock mutual funds, and to sock away as much as you can every month. But our next guest says these investments might not be appropriate at all for a young person and that even putting money into a retirement plan may not be the best idea, either. He says it's all about the cost of “human capital”...something everyone should consider before they invest.
Mike Switzer interviews Eddie Kramer, a certified financial planner with Abacus Planning Group in Columbia, SC.