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Investing/Strategies / Retirement Investing
|Subject: Re: Retirement, college, and Obamanomics||Date: 12/31/2012 7:16 PM|
|Author: intercst||Number: 71154 of 77391|
As a broad-brush, the annual average of all charges inclusive, will be around 150 basis points by the 15th year, and under 100 basis points by the 20th year. That's assuming a tax-free growth & distribution account that is matching 100% to 140% of the annual upside of a single or blend of indexes.
Good Lord. That's more than I'm drawing annually from my portfolio in retirement.
I guess you could say I'm living comfortably on the money I'm not paying to an insurance company or "leverage planner" in fees, expenses and costs.
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