Are 401k Fees Robbing you of your Retirement?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 12 March 2007

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

There is a storm of concern that has been building for quite some time, and it is finally getting the attention that it deserves…. 401K FEES: CNNMoney.com “Lawmakers to take close look at hidden 401(k) fees” US Deprtment of Labor “A Look at 401(k) Plan Fees” MarketWatch “More fee disclosure could save 401(k) owners money, Congress told” For more information, visit the show notes at http://www.moneyguy.com/2007/03/are-401k-fees-robbing-you-of-your-retirement Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:08.2	investing, taxing.
0:10.2	You've got financial questions, he's got financial answers, it's Brian Preston, the money
0:15.6	guy.
0:16.6	Well, it's March 12th, we're back giving another podcast and I tell you today's podcast
0:21.4	could be one of the most important podcasts you could listen to impacting your financial
0:26.8	life.
0:28.8	Are your 401k fees robbing you of your retirement?
0:32.2	As you go see, there's been a lot more attention played to this question in the last week
0:37.8	and a half than it's been asked really in the last few years and I'm really glad to
0:41.6	see the light of day finally following this topic so we can really start talking about
0:45.8	the impact of fees on your overall retirement picture and knowing how comfortable you
0:51.5	are going to be in retirement based upon what you paid all those years that you were
0:55.0	saving.
0:56.0	Are you just joining us?
0:57.0	This is the money guy podcast, I am Brian Preston.
1:00.6	This is not my day job, my day job is I'm a fee-only financial planner, I'm a certified
1:05.0	public accountant, a certified financial planner and a personal financial specialist and I started
1:10.3	this podcast as a hobby and it's kind of just taking a life of its own and grown and grown
1:14.8	and added more and more audience and I just appreciate you guys continuing to come back listening
1:19.5	to the show and hopefully I'm giving you the right type of guidance so you really can
1:23.8	restore order to your financial chaos out there.
	...

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