John Oliver did a segment on Last Week Tonight that both pokes fun at and explains the retirement savings industry in America. We know that saving for retirement is difficult for some, and recent data has shown that 2/3 of Americans aren’t contributing to their 401(k)’s!
Great breakdown on actively managed funds and the long-time difficulty active managers have had outperforming the index, and the fund fees that can eat away at your savings.
Enjoy! After you watch, we know you’ll want to ask so…YES, MY FIRM IS A FIDUCIARY!