Understanding Fidelity 401k Fees and Hidden Costs
Understanding Fidelity 401k Fees and Hidden Costs
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401k fees costing you more than your house... The hidden fees in your retirement accounts can easily cost you more than your house. One student emailed me and said it will save him over $500,000. Step one: Grab your statement from your investment accounts. Step two: Find what funds you're actually invested in Step three: You want to find out what the expense ratio is. Look for the ticker symbol for each of the funds. In this case, we're going to look for Vanguard S&P 500, which is VOO. When I ty
1:00
401k fees costing you more than your house... The hidden fees in your retirement accounts can easily cost you more than your house. One student emailed me and said it will save him over $500,000. Step one: Grab your statement from your investment accounts. Step two: Find what funds you're actually invested in Step three: You want to find out what the expense ratio is. Look for the ticker symbol for each of the funds. In this case, we're going to look for Vanguard S&P 500, which is VOO. When I ty
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