Chapter 24

Using ETFs to Fund Your Fun (Retirement) Years

IN THIS CHAPTER

Bullet Differentiating various retirement account options

Bullet Knowing which ETFs to sock into which accounts

Bullet Figuring out what to do if your employer’s 401(k) plan stinks

Bullet Calculating how much money you need to retire

Bullet Planning your cash flow needs after the paycheck stops

I have this imaginary script that often runs in my head when clients ask me to look at their 401(k) plan. In this make-believe play, the benefits manager at my client’s place of employment is speaking with a representative of an investment company that runs retirement plans.

  • Benefits manager: Our employees work hard, and we really don’t ever want to lose them.
  • Investment company rep: No problemo! We offer a retirement plan so incredibly bad that your employees will never be able to retire! Just take a look at this array of some of the most expensive and poorly performing mutual funds available on the market today!
  • Benefits manager: Good. And what about ...

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