from Inflation, Taxation, Devaluation, Purchasing Power Destruction & Bear Market Risk
Wednesday, September 19, 2012
Quote of the Day: Average Total Pre-Retirement Account Balances
"Three quarters of near retirees (ages 50 to 64) have average total retirement account balances ofonly$26,395." Source via this Sunday NY Times article.
After writing an investment newsletter for Vanguard investors for over 20 years, I'm convinced that blogging is a much more expedient and efficient way of disseminating timely insights. My newsletter, Vantage Point, was consistently ranked by the Hulbert Financial Digest as one of the Top 10 Market Timers over multiple time frames. With the benefit of my experience as a money manager for over 18 years, I hope to share investing analysis, perspectives and strategies that will empower readers to safeguard their wealth from the pitfalls and threats our "New Normal" Global Economy presents.
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