A note to our clients: Dimensional Fund Advisors (DFA) has a proxy vote underway for shareholders of certain funds that requires participation. We encourage you to submit your votes by signing and returning the paper materials mailed to your home, and if you’re unable to do so, a third-party proxy facilitator will reach out to you over the phone beginning in April.

The board members for DFA’s funds (most of whom are not affiliated with DFA) are responsible for protecting your interests as a shareholder and believe that these proposals are in the best interests of shareholders. They recommend that you vote in favor of the proposals.

Visit DFA’s 2015 proxy vote page on their website or view this letter from DFA’s Chairman, David Booth, for more information.

The Wall Street Journal’s recent article, “A Guide to Not Retiring,” provides a detailed look at how to approach retirement. Much like my piece on the same topic, “Planning for the Life You Want,” the recommendation is to proactively build a retirement plan—one that keeps you mentally engaged and active after retiring from your traditional work.

I did the same for myself as I neared the end of my 24-year career at Anheuser-Busch. I encourage you to read my article and complete the follow-up exercise. I trust that you’ll find it valuable.

The New York Times published a report on the failure of active management in an article titled, “How Many Mutual Funds Routinely Rout the Market? Zero.” We’re not at all shocked to see their results.

Nobel laureate, Daniel Kahneman, voiced his sentiment on the same topic recently at a speech in New York, saying that he didn’t want any active management in his own investment portfolio. Interestingly, his audience at this particular conference was made up of active managers.