💰 Is Your 401(k) Quietly Costing You Thousands?

Most people focus on how much they're contributing to their 401(k). Very few know how much they're paying to keep it.

Here is the reality:

• Approximately 41% of American workers don't realize they pay fees on their employer sponsored retirement plans.

• Those fees are often buried in lengthy disclosure documents instead of being clearly shown on your monthly statement.

Even a 1% difference in annual fees can have a major impact over time.

Using U.S. Department of Labor modeling, a $25,000 investment earning an average 7% annually over 35 years could grow to:

✅ 0.5% annual fee: $227,000

❌ 1.5% annual fee: $163,000

That's a difference of $64,000, or about 28% less retirement wealth.

Now imagine a $1 million retirement portfolio. A 1% ongoing fee difference could mean approximately $280,000 goes to fund companies instead of staying in your retirement account.

The most significant impact often occurs during the final years before retirement, when your account balance is at its highest.

Do you know what fees you're paying, and how they may affect your retirement strategy?

A complimentary Wealth Check Up can help you better understand your current retirement picture and determine whether your strategy aligns with your long term goals.

📩 Send me a message if you'd like to start the conversation.