John C. “Jack” Bogle, the founder of the Vanguard Group and the father of the index mutual fund died at age 89 on January 16th. The pioneer’s impact on the world of investing and finance was transformative and we are all better off as a result of his innovation.
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Are you celebrating the upcoming World Financial Planning Day by creating a financial plan? I’m guessing that the answer is no, because according to the 2018 Charles Schwab Modern Wealth Index, about a quarter of Americans have a written financial plan. That’s too bad because having one “can lead to better daily money behaviors.”
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