Quotes About Planning

The average plan administrator charges 1.3% to 1.5% annually (according to the nonpartisan Government Accountability Office). That's $1,300 for every $100,000 just to participate in the 401(k). So when you add this 1.3% for the plan administration to the total mutual fund costs of 3.17%, it

If you conscientiously manage your investments for tax efficiency, your 7.5% allows you to double your investments in 9.6 years instead of 24 years! Now do you see the importance of both tax and fee efficiency?

I've found that if you try to figure out a percentage to save without really knowing what you're saving for, it's not going to happen. The secret is to know what you truly want and why you want it, and make it a burning passion.

I said it before, but it's worth repeating: most of today's 401(k) plans allow you to simply "check a box," and your contributions will receive the Roth tax treatment. This decision means you pay tax today, but you never pay tax again!

By paying the tax today, you are giving Uncle Sam his money back earlier. And by doing so, you are protecting yourself and your nest egg from taxes being higher in the future. If you don't think taxes will be higher, you shouldn't

the number one fear of baby boomers was outliving their savings.

In order to succeed, you must have a long-term focus.

Often, many of those who have earned millions of dollars haven't developed a plan to sustain their lifestyle without having to work at least some of the time.

It is not realistic to finance a 30-year retirement with 30 years of work. You can't expect to put 10% of your income aside and then finance a retirement that's just as long.

an emergency/protection fund. According to a Princeton University–University of Chicago study in 2014, 40% of Americans say they couldn't come up with $2,000 if they needed

The overwhelmingly most important [as you figured out] is asset allocation.

nobody knows what tax rates are going to be in the future, and therefore you have no idea how much of your money will be left over to actually spend.

He committed to setting aside 50% of what he earned, and then he took his savings and put it to work in a big way.

You can do everything right: find a fiduciary advisor, reduce your fees, invest tax efficiently, and build up a Freedom Fund.

America's Best 401k will not only provide you with a free fee analysis but also provide this complimentary benchmark.

CHAPTER XXXVII HOW THINGS WERE ARRANGED

Present continuously becomes past, and by the time we take stock of it we are in another present, consumed with planning the future, which we do on the stepping-stones of the past. The present is never here. We are hopelessly late for consciousness.

WE ALMOST NEVER think of the present, and when we do, it is only to see what light it throws on our plans for the future.

La Operación Market Garden, iniciada el 17 de septiembre, no solo era ambiciosa. Estuvo además sorprendentemente mal planificada, sus oportunidades de éxito eran mínimas y no debió intentarse nunca.

As usual, there aren't enough last minutes.

think I'd prefer tomorrow morning.

Well … not exactly together. He'd buy a sofa and I'd buy a couple of matching chairs. One has to plan on divorce at all times … still, it was a landmark of sorts. I'd never gotten to the furniture-buying stage before.

He should have made a checklist for every step of this transformational journey to radical self-expression.

There was something supremely sexy about a man who planned ahead like this, who wore his options like a tool belt, ready for any emergency.