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Three leaks that can sink your retirement plan
In a recent report from Washington, D.C. based investment advisory United Income, it found that while investment management costs for retail investors have dropped by more than 50 percent over the past 35 years, the benefits of lower prices may be undermined by other costs that aren’t tied to fees. United Income found that reducing portfolio leaks generated seven times more wealth in retirement for a typical retiree than would saving one percentage point on investment management fees. The attached article outlines some of the biggest leaks retirement savers need to plug. Read article here…
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