How to Design a Retirement Plan

With just these three funds, the average retail investor can outperform the vast majority of actively managed mutual funds in the market. Over the last 20 years from 2003 to 2023, 78% of managed funds failed to beat or to match the index that they were tracking. And there are great money managers, but that's the deal. It takes great money managers and you probably can't afford the great money managers. So keep it simple, stupid. The three-fund portfolio. How can we design a retirement plan, a long-term investing plan? We can truly do this by just owning three mutual funds or three ETFs.