Retirement Planning With Vanguard CEO William McNabb

The transcript discusses the leadership of Vanguard, the evolution of retirement systems, and the importance of diversification and target date funds for young investors. It highlights the significance of investment costs, disciplined saving, and the risks of market timing. Insights on bond market trends and interest rate predictions are provided, along with key lessons from John Bogle emphasizing ethics in business.

What does the speaker suggest about the evolution of the retirement planning system?

What is the main lesson learned from working with John Bogle?