Question: Why would anybody use a retirement plan that generates the most customer complaints according to a federal watch dog, FINRA? Answer: Complaints or not, my profession, prek-12 teachers, sign up with tax shelter annuities by the tens of thousands because the they don’t know of the high costs, that annuities are inappropriate retirement plans …
Which retirement plan records the most customer complaints? Read More »
National Association of Governmental Defined Contribution Administrators (NAGDCA) NAGDCA released their annual Leadership award recipients for 2014. Los Angeles Unified School District won in the 457(b) “Plan Design” category! Why did we win? Very easy, LAUSD has one of the lowest costs retirement plans in the country. Take a look at the fees in the …
Los Angeles Unified WINS 457(b) Retirement Plan Award! Read More »
Hi, We have not provided an update to our portfolio since we published our book 1.5 years ago. In the last two years, our portfolio has performed so well, we finished remodeling our house with new AC and a master bath and our portfolio has remained the same! Our purpose now is to show how …
Our Portfolio Mid-Year 2014 Evaluation and Performance Read More »
The future of the financial system will be smaller, leaner, low-cost, and less complex (thank goodness!). Currently, the vast majority of retirement plans (403b, 401k, 457b*) are big, fat, high-cost and way too complex. Retirement planning should be about as difficult to discover and learn as our first day on the job. For teachers it …
Hi READERS, Notice to readers. These chapters are an early version of my new book without the 17 appendices, glossary, financial pod casts and other information in the 2nd half of the book. For the finished and completed published book, go to the home page and obtain the free pdf. DO NOT GO TO AMAZON! …