Category: retirement

Considerations for the New Investor

Now if I have to pay a 1% fee, every single year, my return would drop to 7% and my portfolio grows to merely $354,992. That’s not a terrible portfolio size, but I’ve lost $91,693 to fees! I don’t know about you, but $91,693 is a lot of money to use and I could find lots of ways to spend that money in retirement. In college I traveled to Italy for 2 weeks on about $3,000. $91,693 is about 30 trips to Europe I could take.