September 25, 2014
When considering your investments options in your retirement accounts, you should focus on ___________?
When considering your investments options in your retirement accounts, you should focus on ___________?
The yearly cost is a major factor, if you have high costs your returns will be eaten away. You should try to keep the yearly costs around .2 or lower if you can, with Vangaurd you can get them as low as .05 a year. This will help you keep as much of the return that your money is making that you can. So go with no load index funds in your retirement account and any other investments that you may have.
Right again, Garrett. Let’s review.
When looking at your retirement account options, focus on the funds that charge you the least. That will be index funds or Target Date Funds that contain index funds or at least passively managed funds. The money you pay has a big impact on your final return. You can bank on that point. Here is a frontline special that explains it quite well:http://www.pbs.org/wgbh/pages/frontline/retirement-gamble/.