Skip to main content
No. of Recommendations: 0
BruceM writes,

But consider a variable annuity contributed to over 30 years by a government worker. Try -46.6% lost to expenses over 30 years compared to -3.7% in expenses over the same period with a portfolio of ETFs with a weighted expense ratio of .22%.


I lived in Houston for about 20 years and it always amazed me that the Texas Teachers 403(b) plan was administered by VALIC with 2% to 3% per annum lost to fees and expenses.

Couldn't one of the math teachers tell them how much they were getting screwed? Or are the people going into education really that inept?

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.