Skip to main content
No. of Recommendations: 15
Rayvt posts,

Switzerland Population: 8.42 million
Iceland population: 338,349 (Yup, not even a million people. Iceland is essentially a city.)
Norway population: 5.26 million
Denmark population: 5.77 million
US population: 325.7 million

One of these is not like the others.

</snip>


Exactly! You'd think there'd be some economies of scale if the US retirement landscape was being managed for the benefit of workers. Instead we have a Wall Street focused system where many people are getting hosed on fees and costs.

Remember, if your financial advisor and the mutual fund managers he recommends are skimming the 2% per annum required by Wall Street's business model, you need to save twice as much money for retirement.


The 2% Rule for Retirement Savings

http://www.retireearlyhomepage.com/twopercentrule.html

</snip>


intercst
Print the post  

Announcements

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.