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Hidden investment charges can rob you of a comfortable retirement.
- Source :
-
Kiplinger Personal Finance . Fall2008 Retirement Planning, p44-47. 3p. 1 Color Photograph. - Publication Year :
- 2008
-
Abstract
- The article discusses how hidden investment charges can affect a person's comfortable retirement. Fees for managing investments are subtracted from gains or added to losses before calculating the annual return. Other costs, such as administrative and record-keeping fees, are often divvied up among plan participants. A recent AARP study found that more than 80% of 401(k) plan participants were unaware of how much they were paying in fees associated with their company's retirement savings plan.
Details
- Language :
- English
- ISSN :
- 15289729
- Database :
- Academic Search Index
- Journal :
- Kiplinger Personal Finance
- Publication Type :
- Periodical
- Accession number :
- 32585349