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Retirement Portfolio Cancer: The Destructive Effect Of Expenses On Building Retirement Savings

MarkMark
edited February 2017 in The OT Bullpen
"Summary

Retirement plan expenses reported as a percent of account value seem small and incidental.

Compounded over one's working career, small percentages grow into large percentages.

Total expenses include not only the nominal charges, but must also include the loss of earnings on those nominal dollars."

Nothing earth shattering here to regular MFO Visitors but those expenses on variable annuity accounts, oh my.

By Bruce Miller at SeekingAlpha.

http://seekingalpha.com/article/4045368-retirement-portfolio-cancer-destructive-effect-expenses-building-retirement-savings?uprof=46&isDirectRoadblock=false
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