Mutual funds, index funds, and financial advisors all have one thing in common...
Fees.
And lots of them.
In this episode, I discuss...
- The two big buckets of fees you pay to own mutual funds - annual fund operating expenses and shareholder fees.
- The 10 - yes, count 'em 10 - fees you pay when you own a fund in your 401(k).
- The exact amount you'll give away in fees holding funds in your retirement account over 30 years. (Spoiler alert: it's 6-figures.)