The Case for Saving for Retirement via Index Funds
Journal Title: Annales Universitatis Mariae Curie-Skłodowska Sectio H Oeconomia - Year 2017, Vol 0, Issue 0
Abstract
The ongoing reforms of the pension systems tend to shift the consequences of the investment decisions onto the prospective retirees who usually remain unaware of the factual costs and risks associated with long-term investing. It is therefore necessary that they should be taught that saving for retirement via index funds is the most rational decision for their pension plans. The prospective retirees should be informed that deviating from investing in inexpensive index funds means de facto their (typically unconscious) consent to share a large portion of their investment gains with actively managed funds charging much higher fees.
Authors and Affiliations
Andrzej Sławiński, Dobiesław Tymoczko
Keywords
Related Articles
- EP ID EP391192
- DOI 10.17951/h.2017.51.4.281
- Views 53
- Downloads 0
Gwarancje długu bankowego jako instrument pomocy publicznej w państwach Unii Europejskiej w okresie kryzysu finansowego Banking loan guarantees as an state aid instrument during the financial crisis in EU Member States
This paper discusses guidelines for implementation of art. 107-109 of the Treaty on the Functioning of the European Union, from perspective of state guarantees for banks in wake of the financial crisis which descended on...
Giełdowe produkty strukturyzowane jako forma ekspozycji na ryzyko cenowe rynku metali szlachetnych Exchange-Traded structured products as a tool of gaining exposure to precious metals price-risk
Structured products have become a convenient instrument allowing financial investors to gain exposure to commodity price risk. Due to prolonged rally in precious metal prices these commodities have drawn particular atten...
Zróżnicowanie składek na europejskim rynku ubezpieczeń komunikacyjnych OC, The diversity of premiums on the European market of the motor third party liability insurance
Artykuł nie zawiera abstraktu w języku polskim. Compulsory insurance is an obligation, regulated by law to enter into an insurance contract. One such insurance is compulsory motor third party liability insurance of vehic...
Wskaźnik tax revenue w Polsce kolejnym wyzwaniem dla stabilności finansów publicznych
Poziom dochodów fiskalnych jest jednym z kluczowych czynników determinujących stabilność finansów publicznych. W artykule podjęto próbę oceny wskaźnika fiskalizmu w Polsce na tle polityki budżetowej lat 2016–2017 oraz do...
Wpływ wyników sportowych MUFC na kursy akcji i kwotowania indeksów na giełdach na Nowym Jorku i Londynie, Influence of MUFC's sport results on stock prices and indices on the stock exchanges in New York and London
Artykuł nie zawiera abstraktu w języku polskim. The main goal of the article is to prove that stock prices of Manchester United company depend on sport results of this football club. It will try to answer the question -...