Unidentified Financial Objects are the unnecessary fees, commissions and needless losses to which your plan may be currently exposed.
Is it not okay to lose money just because everyone else has. If you feel it is okay or expected, is that really how you feel or is that how you have been programmed to feel?
Donât buy it.
Your money needs to be in balance and positioned so that the account wonât evaporate from exposure to unnecessary fees and commissions.
Your financial future deserves a second opinion. In todayâs complicated world itâs no longer to okay to live by âwhat you donât know wonât hurt you!â
What you donât know about your portfolio, taxes, and fees can rob you and your family of that special retirement you once hoped to have and enjoy.
Itâs important you know where you are. Donât try to beat the market in retirement. Youâre not going to win that game.
Is it not okay to lose money just because everyone else has. If you feel it is okay or expected, is that really how you feel or is that how you have been programmed to feel?
Donât buy it.
Your money needs to be in balance and positioned so that the account wonât evaporate from exposure to unnecessary fees and commissions.
Your financial future deserves a second opinion. In todayâs complicated world itâs no longer to okay to live by âwhat you donât know wonât hurt you!â
What you donât know about your portfolio, taxes, and fees can rob you and your family of that special retirement you once hoped to have and enjoy.
Itâs important you know where you are. Donât try to beat the market in retirement. Youâre not going to win that game.
Do you have questions? Let's talk.
Fill out this form to have one of our advisors connect with you.
"*" indicates required fields
Too many times in my financial life Iâve had people come into my office for a portfolio analysis that reveals things about their current plans they werenât expecting. Many times, their plans have hidden fees or ones buried deep in the fine print that they donât realize exist.
Unidentified Financial Objects in Your Investment Accounts
For many of us, our 401(k) will represent the largest asset you have for retirement. Decisions on what to do with this account will have a major impact on your retirement success.
There is a major focus on fees associated with 401(k) and IRA accounts. While fees are an important aspect of your decision, and you should know everything about those affecting you, donât let this be your primary focus.
A competent fiduciary advisor can expose these clearly as a part of a Total Retirement Income Plan. Remember this, no one in the investment world works for free and they never will. Anyone worth their salt doesnât work for free. The important thing is to clearly understand what you are paying and what benefit you will receive at the end of the day.
There is a major focus on fees associated with 401(k) and IRA accounts. While fees are an important aspect of your decision, and you should know everything about those affecting you, donât let this be your primary focus.
A competent fiduciary advisor can expose these clearly as a part of a Total Retirement Income Plan. Remember this, no one in the investment world works for free and they never will. Anyone worth their salt doesnât work for free. The important thing is to clearly understand what you are paying and what benefit you will receive at the end of the day.
In Coach Pete's book Have You Been Talking to Financial Aliens, Lee Hyder says of the popular mutual fund: "[...they] are not the most tax efficient investment and can have a lot of expenses and fees associated with them. Many of these fees are not as transparent as they should be, giving the investor a false sense of what they really cost to own. With mutual funds you need to look at Administrative fees, Management fees, 12b-1 fees, loads, transaction expenses and Taxes."
Unidentified Financial Objects in Your Annuity
Annuities may seem like a good idea but be careful. While they can be an amazing tool and integral to providing consistent income, not all annuities are good either.
Can you afford to have your money tied up for years to get the return? What are the fees compared to gains and safety?
Itâs a good idea to check with a certified Fiduciary retirement advisor on what is the best fit for you in both the short and long term.
Can you afford to have your money tied up for years to get the return? What are the fees compared to gains and safety?
Itâs a good idea to check with a certified Fiduciary retirement advisor on what is the best fit for you in both the short and long term.
The True Cost of Fees
This is an example of an investment of $200,000 which earned a consistent 6% return. How would fees impact returns over the course of time?
Example Starting Value: $200,000
Example Interest Rate: 6%
Example Interest Rate: 6%
Year
1
5
10
15
20
25
30
1
5
10
15
20
25
30
No Fee
$212,000
$267,645
$358,170
$479,312
$641,427
$858,374
$1,148,698
$212,000
$267,645
$358,170
$479,312
$641,427
$858,374
$1,148,698
1% Fee
$209,880
$255,110
$325,593
$415,548
$530,356
$676,884
$863,895
$209,880
$255,110
$325,593
$415,548
$530,356
$676,884
$863,895
2% Fee
$207,760
$243,050
$295,707
$359,773
$437,719
$532,552
$647,931
$207,760
$243,050
$295,707
$359,773
$437,719
$532,552
$647,931
3% Fee
$205,640
$231,450
$268,314
$311,049
$360,591
$418,024
$484,604
$205,640
$231,450
$268,314
$311,049
$360,591
$418,024
$484,604
Ready to take the next step?
Schedule a complimentary consultation with one of our Financial Experts.
Schedule Your Review Session