No. of Recommendations: 5
inparadise writes,

Stocks and bonds go up and down in value, but the money you lose to fees & expenses is gone forever.

And the years he has done better for us is forever compounding in our account,


Boy, I hear you on the compounding.

This is my 20th year in retirement. I've always been very careful to limit my exposure to fixed income securities (currently 94% stock, 6% fixed income) and of course, I've never let a financial advisor anywhere near my money.

After last year's run-up in the stock market, my withdrawal rate for 2014 has fallen below 1%. I guess you could say I'm living comfortably on the money I'm not paying a financial advisor.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.