The problem with investing $150,000 in seg funds

When a planner suggests shifting an entire $150,000 portfolio into segregated funds, it's worth pausing to ask who really benefits. This piece looks at the case of a woman in her mid-50s, still several years from retiring, whose advisor wants to move everything into these insurance-based products. Seg funds bundle your investments with guarantees and the ability to bypass probate, which sounds reassuring, but those features come with higher ongoing fees and the guarantees rarely pay off the way people imagine. The column walks through the trade-off in plain terms: what the extra cost actually buys, how often markets have produced the kind of loss the guarantee protects against, and whether simpler estate planning would do the same job for less. It's a useful read for anyone weighing a recommendation that conveniently happens to pay a commission.