Watch Out! Retirement Fees Can Cost You $544,000
Honest Finance Honest Finance
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 Published On Jul 5, 2023

Expense ratios (fees) can cost your retirement account a lot of money over time.
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Just a 1% fee from actively managed investments can easily cost you over $500,000 when you retire. This is because the 1% isn't helping with compound interest over the life of the account. And when we're talking about retirement accounts, these can be open for a very long time. I'll explain everything very quickly in this video.

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