“401(k) fees of just 1% per year could eat up
$70,000 of an average account over a 40-year working life, compared with
lower-cost investments. The Center for American Progress report says that to
make up the loss, workers would have to stay on the job three years longer than
planned.” SO… pay attention to the fees you are being charged for your
investments, whether in an employer sponsored plan, an IRA or other
investments, including the management fees charged by advisors. Get the details
at: http://www.cnbc.com/id/101578597
No comments:
Post a Comment