They say those who can't do, teach. On the other hand, with fiduciaries, those who do their duty, must teach.

The best of them not only realize this, but know the priorities, (see "5 Most Important Financial Concepts a Fiduciary Must Teach," FiduciaryNews.com, February 1, 2018). It's too easy to succumb to the idea that being a fiduciary means only dealing with money. True fiduciaries, however, embrace the role of mentor.

There's a certain irony in this. America has grown strong because Americans value their individualism. Many have argued against government forced retirement – even when it's a good idea – because they shun paternalism.

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