4 ms·
It's really amazing work he did considering that after the move to 401k and away from pensions in the private sector, there really are now few alternative paths
by omegaworks 8y ago
It's really amazing work he did considering that after the move to 401k and away from pensions in the private sector, there really are now few alternative paths to secure retirement.
The move away from pensions could have been a veritable smorgasbord of fees for actively managed funds, but Vanguard provided broad access to something just as good (and more often than not, better[1]).
1. https://www.fool.com/investing/mutual-funds/mutual-fund-basics-index-funds-vs-actively-managed.aspx https://www.fool.com/investing/mutual-funds/mutual-fund-basi...