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ARTICLE_DATE January, 04 2008 00:01:00
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ARTICLE_TEXT <p>A) Have you given any thought to your 401(k) fees?<br />B) Do you even realize that you pay such fees?&nbsp; (It seems that most people don't grasp this.)<br />C) Would you be astounded to find out that you may be paying 3% - 5% per year?</p><p>These <a href="http://www.kansascity.com/business/story/422022.html">expenses</a> have a huge impact on how much money your 401(k) investment will eventually be worth.&nbsp; Over thirty years, an <a href="http://finance.yahoo.com/expert/article/moneyhappy/59697">extra 1%</a>&nbsp;in fees can devour 20% of an individual's nest egg!
ARTICLE_TITLE Investment Death by a Thousand Cuts
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Business

Investment Death by a Thousand Cuts

A) Have you given any thought to your 401(k) fees?
B) Do you even realize that you pay such fees?  (It seems that most people don't grasp this.)
C) Would you be astounded to find out that you may be paying 3% - 5% per year?

These expenses have a huge impact on how much money your 401(k) investment will eventually be worth.  Over thirty years, an extra 1% in fees can devour 20% of an individual's nest egg!


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