5 Signs You Have the Wrong Retirement Plan

Are you winging it when it comes to planning for retirement? Do you have a sinking feeling that something’s not right? Here are five signs you have the wrong retirement plan, and what you can do about it. 1. You’re Paying More Than 1% in Fees It may not sound like a lot, but it is. If you have $10,000 invested, it can either grow into: $290,000 in 40 years via a mutual fund that charges 1.2%, or $420,000 through a 0.20% fee fund (assuming a 10% annual gross return in both cases). Google the name of your retirement funds, and go to the fee section. Certain funds, including those labeled Class A, B, and C, have fees that can make them prohibitively expensive for the average investor. The White

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