E.G TALKS ABOUT, 401K AND THE MISTAKES PEPOLE MAKE EVERY YEAR!!!!!!!!!!!!!!!!!

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4.3 • 566 Ratings

🗓️ 27 June 2019

⏱️ 21 minutes

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Summary

If you only pay attention to a few things about investing, paying attention to the fees should always be on your “things that matter” radar. While your 401k account balance at the time you retire will determine how much income you will ultimately receive, the fees and expenses in your plan will gradually work to reduce your potential growth. Keep in mind that 401k plan fees and expenses generally fall into three categories: plan administration fees, investment fees, and service fees. The financial services industry has gotten better at disclosing fees, but it still can seem overwhelming for the average investor to figure out how much you are really paying in fees and expenses within 401k plans.

Transcript

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0:00.0	Stick this in your ear.
0:03.4	The number one, the number one internet shock radio network.
0:08.1	Shock me, shock me, shock me with that eeriem behavior.
0:11.7	Renegade Talk Radio.
0:14.4	You know, I was...
0:15.6	Welcome to Renegade Talk Las Vegas, and I'm your host, E.G. The Urban Scholar.
0:20.7	Yes, we have a fun field day another open
0:22.9	form. I know you love it. Good old 401k talk that 401k let's go. I hope you've been liking
0:35.8	what you're hearing lately. I've been having fun. Hope you've been enjoying it.'re hearing lately I've been having fun
0:38.6	I hope you've been enjoying it
0:39.6	we're going to toss in retirement plans
0:41.5	we're going to toss a 401K
0:42.8	oh yeah let's go
0:44.8	love
0:46.2	there's the family
0:50.0	fever just rising in Oh, Oh, yeah. Oh, yeah.
0:55.0	Oh, yeah.
0:56.0	What's going on?
1:08.0	I feel like I'm a rush out two or something. Is that three?
1:12.6	Something too? I don't know. You know what I'm gonna get a nation. Let's go.
1:16.6	Well, well, well. Thank you, Linda. Thank you, music you music mike my wonderful staff again my name is egee the urban
1:32.9	scholar and you are listening to renegade talk of las Vegas but we don't sugarcoat anything and
	...

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