For the 40+ year period of 1961 to 2002, health care expenses followed a pretty steady upward trend, thanks to things like the introduction of Medicaid, coverage expansion and occasional price increases.1
When the first index mutual fund was introduced 40 years ago by Vanguard, it opened with $11.3 million in assets. 1 Today, the Vanguard 500 Index Fund holds more than $252 billion, and index mutual funds and exchange-traded funds invest nearly $5 trillion in combined assets.2
Index funds are generally comprised of the same stocks or bonds in a benchmark index and tracks its buy and sell activity. As such, they do not require a lot of active management, and can offer lower fees than many other actively managed funds.3 However, while most actively managed funds aim to beat their benchmark index, the objective of an index fund is simply to match index performance.4
Daniel Shub, AIF®, RFC®
Wealth Advisor & Founder.
OCTO Capital Wealth Management
Will I have enough money to retire and stay retired?
In this short exercise, answer questions about yourself and your future objectives. We can build a plan to help you get there.