Post #345 by intercst on the Retirement Investing board

Personal Finance Topics / Retirement Investing

Unthreaded | Threaded | Whole Thread (13)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

If you avoid living so you can save, then you can end up with an expensive funeral and not have lived. It's a balance. However, people tend to be bad at delayed gratification and planning for the future.

</snip>

Absolutely!

But even for those that are sacrificing and saving diligently, if they are losing too much to fees, commissions and trading costs, it's mostly for naught. Wall Street will take on outsized portion of it.

When I was living in Texas, I was always astonished that the Texas Teacher's Retirement Plan (403)(b)) was managed by VALIC at an almost 3% per year in fees. Couldn't one of the math teachers have explained how much they were getting screwed?

intercst

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (13)

Prev | Next

Announcements

Retirement Investing FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.