Tag Archives: Felix Salmon

Brokerage Costs are Down. Are Yours?

Generally brokerage fees have been dropping steadily over the past two decades. But how have your costs fared? According a piece by Felix Salmon, brokers often charge as much in fees as they can get away with, applying different rules to different clients.

Which raises this important question for any investor: how much are you paying in brokerage fees and charges? Continue reading

Retirement: Is Consistent Saving More Important Than How Much We Withdraw?

We, and loads of others, have written about the importance of understanding safe or sustainable withdrawal rates when saving for retirement. How much will I be able to take out of my savings each year and not end up eating cat food should I be lucky enough to live to 80? Assumptions about this are key to the retirement calculators you find online, for example. The most commonly cited rule of thumb is 4%.

But what if we’ve all been worrying about the entirely wrong thing? Continue reading