1 - You’re more likely to save, and you’re likely to save more – it’s a bit like having a personal trainer or going to weightwatchers
2 - The longer you take advice - the better the outcome. A study in Canada in 2012 showed that households who took advice for 15 years or more were better off by a factor of 2.73 than those who didn’t.
3 - You’re more likely to achieve “retirement readiness”. Those who take advice feel more confidence that they will achieve a comfortable retirement than those who don’t.
These statistics are taken from a report in 2012 by the Investment Funds Institiute of Canada, download the report here.