The Personal Finance Podcast

My Retirement Plan Charges 1.38% Is It Robbing Me of My Future? (Money Q&A)


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In this episode of the Personal Finance Podcast,  we are going to do a Money Q&A about  my retirement plan charges 1.38%. Is it robbing me of my future?

Watch this episode on ⁠⁠Youtube


Today we are going to answer these questions! 


Question 1: What should my next steps be after paying off a personal loan—emergency fund, car savings, or student loans?

Question 2: What’s the best investment or savings account to open for my 5-year-old to start learning about money?

Question 3: Is it worth contributing to a Roth 457(b) with a 1.385% fee, or should I focus on low-cost accounts?

Question 4: I’m in the military maxing out TSP and Roth IRA—what else can I do to retire early? And how can my parents retire with $150K at age 55?

Question 5: I’m new to investing with $30K in cash—should I just dump it into an index fund, or do something more?

Question 6: We’re 48 and 49, saving aggressively with no debt—how do we ensure we hit our $1.5M retirement goal by age 55?

Question 7: We rolled over $35K into an IRA, have $125K in a 401(k), and big home equity—how do we build wealth and retire early in California?


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         Links Mentioned in This Episode: 

        • How to Pay No Taxes in Early Retirement, Debunking the Mortgage Fee Fiasco, and More! With Katie Gatti (From Money With Katie!)

        • 10 Powerful Portfolio Strategies (And Which One is Right for You!) - Part 1

        • 10 Powerful Portfolio Strategies (And Which One is Right for You!) - Part 2

        • The 1-3-6 Method For Building & Managing Your Emergency Fund


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            • How to Negotiate Your Salary 

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              The Personal Finance PodcastBy Andrew Giancola

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