The episode is sponsored by Smart Vester.

You're listening to Ramsey everyday millionaires,

where we talk investing, retirement, building wealth,

and outrageous generosity.

Lindsay is in Colorado Springs.

Hi, Lindsay. Welcome to the Ramsey Show.

Hi, David Rachel.

Hey, what's up?

So my husband and I are looking for your guidance

related to the costs that we're paying to our financial advisor

for managing our growing retirement portfolio.

How much are you paying?

Find out.

Well, we're, we've had a lot of conversations related to this.

So we're at .87% yearly.

But when we look at the impact of a growing portfolio and compounding interest,

we're not, we're wanting to make sure that we're being good stewards

and that there's value for those fees.

That's a normal managed fund or managed amount for a million dollar account.

So, I think grows above a million dollars, you've ended up with a whole lot of money.

I mean, it should be, it should be going down.

I mean, if you want to shop it around, but they're not ripping you off.

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