Earn 57% more in retirement

Do-it-yourself portfolio management saves big bucks
By Paul B. Farrell, MarketWatch Mar 27, 2005
http://www.marketwatch.com/

ARROYO GRANDE, Calif. (MarketWatch) -- Congratulations, you're a disciplined investor who is on track to retire with a million-dollar nest egg. And you want the absolute maximum from your hard-earned money.

Here's the big secret to help you boost your in-the-pocket cash by 57 percent during retirement. It's quite simple: Kiss your financial adviser goodbye and manage your portfolio yourself using low-cost index funds. Skeptical? Stick with me, I've got a simple example so you'll understand the big secret America's financial professionals don't want you to know. more..

Then he does the math... Wow - that is a lot of money!

But as we talk to other Boomer/50+ consumers (as AARP likes to call our demographic), we are finding most people don't want to know about this. They are happy to pay their financial advisor and not have to worry about their money. They don't want to put in the time and energy to manage their own finances. "Someone else can take this responsibility - someone whose job it is to know this stuff..."

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