With more than 10,000 Baby Boomers crossing the retirement threshold every day, the Social Security check-writing machine has kicked into overdrive.
Most people looking to implement a financial plan are making decisions with the long-term in mind. While what long-term means tends to vary depending on factors like age, individual and family goals it’s safe to say most planners and their clients would agree that long-term is usually measured in years, not months.
As investment options continue to expand and competition for investment dollars increase, the mutual fund industry is coming under increasing scrutiny for the expenses charged in many mutual funds. With the advent of no-load mutual fund, index funds and exchange-traded funds, many investors are questioning the reasonableness of expenses charged by many of the industry’s more popular funds.
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