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Carrick on money: Six-figure shocker – your lifetime bill for investing fees

Fees are the silent killers of investment returns.

Hetman Bohdan/Getty Images/iStockphoto

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Six-figure shocker – your lifetime bill for investing fees
Writer and blogger Preet Banerjee estimates how much we pay in investing fees over a lifetime by using the example of a 25-year-old who invests over 40 years and uses an investment adviser selling conventional mutual funds. Grand total: $170,578.27.

Speaking of fees, read here about how low-cost mutual funds can help you end up with more money in retirement.

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A laptop stand, for example. No mention about how to get the grease stains out.

More money
Join the 36,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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