Manager: This company' s supply chain will develop significant weaknesses unless we make changes to our vendor contracts now  Some will argue that this problem is so far in the future that there is no need to address it today  But that is an irresponsible approach  Just imagine if a financial planner offered the same counsel to a 30-year-old client: Don' t worry, Jane, retirement is 35 years away; you don' t need to save anything now
That planner would be guilty of gross malpractice
Financial planners should advise their clients to save money for retirement only if retirement is many years away.