401k expense rations
You must know that these retirement savings plans aren’t FREE. Depending on the funds you choose, you could be stuck with high expense ratios that will slowly chip away at your hard-earned retirement savings. And these expense ratios might not be explicitly expressed to you.
Between 0.5 percent and 2 percent expense ratio doesn’t seem like much. But just as compound interest accumulates over time, so does a 2 percent expense ratio that’s working against you.
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