"photo -   FILE- In this Tuesday, May 20, 2008, file photo, John Bogle, founder of The Vanguard Group, talks during an interview with The Associated Press in New York. John C. ""Jack"" Bogle is 83 and outspoken. Over the years, the Vanguard Group founder has frequently criticized the mutual fund industry that he helped nurture. Before retirement, Bogle challenged the industry status quo in the 1970s when Vanguard introduced the first low-cost index funds.(AP Photo/Mark Lennihan, File)"