ARE YOU RUNNING AN INVESTMENT RACE ON A  FAT HORSE?

 

 

IF THE MAN WHO DESIGNED THE MODERN 401(K) SAYS IT FAILS MOST AMERICANS, HOW MUCH SHOULD YOU RELY ON IT TO PROVIDE A SAFE, PREDICTABLE RETIREMENT INCOME?

 

You may be shocked at what management fees and commissions will do to your retirement accounts in the long run.  According to the US Department of Labor a 1% difference in fees may reduce your account balance by 28% over time.  

https://www.dol.gov/sites/default/files/ebsa/about-ebsa/our-activities/resource-center/publications/a-look-at-401k-plan-fees.pdf                                                                                 

401(k)'s often contain unknown fees such administration fees, re-balancing fees, 12(b)1 fees and more. Matching employer                                                                                                             contributions are tempting to accept. However, contributing  your own money to 401(k)s, 403(b)s and other ERISA plans may not be your best option even when your employer is providing matching or non-matching contributions.  

                                                                                                       

        It may surprise you to learn the modern 401(k) plan was               never meant to be the main source of retirement income...

 


 

we can show you different ways to save for retirement which which may be more suitable for your personal situation after considering plan fees, fund fees, market losses, tax implications, and risk tolerance.