Scott Burns

Scott Burns by Scott Burns

July 31, 2014

Investing Requires Simplicity, Not Special Knowledge

Q: Your article advocating simple index-fund investing at a 50/50 mix of stocks and bonds intrigued me. I have been retired for a year and currently have a managed account with a major discount brokerage firm. The account has a 30/70 stocks/bonds mix with a management fee of $735 per quarter. The discount brokerage firm... continue

July 27, 2014

Sizing Up Your 401(k)

How many employers are wasting the money they spend on employee match contributions? How much can a cost-efficient plan add to your retirement security? Those questions came to mind as I spent more time examining "The 401(k) Averages Book." That's the publication I discussed last week. I likened... continue

July 24, 2014

Saving Is Crucial, but So Is Return

Q: My 37-year-old grandson is in business for himself. He is a great saver, but has never used any method for saving except banking his money. I told him that was like sticking his money under a mattress, and that he desperately needs to get into some kind of retirement saving program. I am a great fan of Vanguard funds... continue

July 20, 2014

The Cost Map to Your 401(k) Plan

Is your 401(k) plan wildly expensive, average, or wickedly efficient and inexpensive? You probably don't know. Your employer may not, either -- particularly if you work for a small company. Sadly, while the laws have changed to require expense disclosures, the information provided is often... continue

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