A woman approached me to advise on two life insurance policies that is recommended for her daughter. When she learned that my consulting fee is $150 per hour, she felt it was too expensive.
I asked her to look at the "distribution cost" shown in the benefit illustration of the two life insurance policies. She got a bigger shock. It was several thousand dollars.
She came back and agreed to pay $150 for advice on a suitable financial plan for her daughter. I referred her to this $6 book. http://c-pearl.com/cart.aspx?ID=19
I am not prepared to spend a few hours to give advice on financial planning for $150. The insurance company charges a "distribution cost" of a few thousand dollars and the insurance agent don't even do a proper job.