Meet Ron Tussey – Fee Slayer
As I speak with groups, I’m continually amazed by 401k plan participants who will argue – often vociferously – that they pay nothing to participate in the company plan.
Tax (In)Equality?
In a recent review of all things financial (my favorite pastime), I stumbled across this tidbit. More than one-half of all Americans pay no taxes on a net basis. In fact, the bottom three quintiles (the bottom 60%) have a net tax liability that is NEGATIVE.
Good News – Bad News
Good news from the non-profit Society of Actuaries – you’re likely to live longer. Since “mortality” tables were last updated in 2000, the average 65-year old woman will now live 88.8 years (up from 86.4 in 2000); and men will live to 86.6 (up from 84.6 in 2000).
Boglehead Wisdom
If Warren Buffet has a counterpart – it’s John Bogle, retired founder of the Vanguard family of mutual funds. Bogle has gathered a crowd of followers over the years who call themselves Bogleheads. The Bogleheads had their annual meeting a couple of weeks ago, and...
