Legendary Stock Picker Blows Lid Off Pricey Fund Tactics
If you are over 30 you probably have money in mutual fund. Maybe it is in your employer’s 401k, perhaps in your own investment accounts. The idea is to grow assets so you can have a successful retirement. Bill Miller is not a household name to most people, but he certainly earned his keep over the years as a fund manager at Legg Mason Capital Management. Miller maintains that as much as seven in 10 supposedly “active” fund managers are in fact high-priced closet indexers.
As you place your hard earned money in your 401k think about another huge risk to that money. The costs of what many people call elder-care … but today Long-Term Care happens at all ages the term is not used as often. Planning for the financial costs and burdens that come from extended health-care is key to a successful retirement. Affordable LTC insurance will safeguard your assets and ease the burdens the care places on those you love. Most people stat planning in their 40’s and 50’s. Make sure you learn your options before you retire. Then add peace-of-mind to your retirement plan.