Are Genetic Risk Tests Good Tools for Retirement Planning?

The U.S. Food and Drug Administration will allow at-home genetic risk tests to be sold to the public, but do they work?

The companies behind the genetic risk tests claim they will show you if you have a predisposition for a list of diseases and conditions. The thought is these tests will help customers plan for their futures.

But, according to an article from ThinkAdvisor, many health professionals are wary of the tests. Some health leaders say the tests can’t tell you everything -- they’re more correlation-based tests and don’t tell you the cause and effect. Other health leaders warn the tests don’t catch those diseases or medical conditions that aren’t genetic. And lastly, the tests could potentially lead to unnecessary fear, people may end up spending money they don’t have to buy treatments they don’t really need.