I’ve gone through the “tech bubble”, Fed raising rates, Fed lowering rates, The Great Recession, inappropriate investments and downright “investment advisor” incompetence. (Barron’s Top 100). My IRA had its greatest steady gains when I was getting %6.5 per year in an American Skandia variable annuity for five years. The good news, if I live long enough and never make a withdrawal I could become a millionaire someday.
That never a withdrawal is overridden by the mandatory RMD. My current “advisor” gets 1% per year and I don’t even get a free client dinner.
Anybody happy with a Vanguard designed portfolio.
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