If you have not watched John Oliver's talk on retirement plans. Watch it!
It is probably one of the most entertaining material on personal finance; albeit something which has been espoused so often by financial bloggers.
If you do not have 21 minutes to spend on managing your finances, just go to the 8 minute mark and watch till 11 minutes. It is one of the most important lessons you will learn on personal finance.
If what John Oliver mentions has truth; financial advisers often placing their interest before yours, it makes me wonder why some many countries are allowing it. One sunny island, home to a population of 5-6 million people, in fact has the highest financial adviser ratio to population!
I wonder how many residents on that island are aware their own actions are hurting their retirement.