Sentences with phrase «percent difference in fees»

Even a 1 percent difference in fees can translate to tens of thousands of dollars over time.

Not exact matches

If returns are going to be 7 or 8 percent and you're paying 1 percent for fees, that makes an enormous difference in how much money you're going to have in retirement.»

And over a period of several decades (we're talking about retirement after all), a single percent difference in your average investment return because of bank fees can add up to hundreds of thousands of dollars.

At the same time, over the course of a 40 - year career, the difference between one or two percent in fees can translate into hundreds of thousands of dollars in lost retirement savings.

There will be some differences perhaps in certain fees but it's likely everyone is within 0.125 percent of one another.