TromboneAl
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 30, 2006
- Messages
- 12,880
Let's say that instead of giving, say, $2,000 to charity each year, you put that $2,000 in particular mutual fund account, with instructions in your will that the contents of that account should go to a specified charity.
The advantages of this system are:
The advantages of this system are:
- If you miscalculated your retirement funds, you will have a backup
- The charity will probably get more, since you are a better investor than they are
- The charity may not get any money from you for 40 years.
- Yet another mutual fund to keep track of