Quote:
Originally Posted by Maxman
John agree on Vanguard but I want to point out a slight mistake. Vanguard charges .3% on its advisory services not .03%. Still this is a very low cost advisory service.
Jeff
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I just put too many zeros. All I remember is its a 3rd of a percent and thats pretty much the cheapest around. They basically are going to put you into their index funds. Depending on your tolerance for risk will dictate the mix of funds they will suggest.
But for most investors thats good enough.
We saved a lot over our lifetime so we are fortunate enough where we don't need to take much risk to stretch our assets to 100. If I can earn around 3% every year thats more then enough for us to live good.
Yea I know inflation will erode our assets at 3% but the math works...
John