Since retirement accounts are typically held for 30 years or longer, the impact on fees would potentially be much greater for investors seeking to build nest eggs.
Estimated reading time: 0 minutes, 24 seconds
Study Show Impact of Fees Over Time
A $100,000 investment in an aggressive portfolio offered by low-cost fund firm Vanguard would have grown to $268, 359 over the past 15 years, which is $42, 709 more than if the money had been invested in a similar Fidelity portfolio with higher fees, according to a study by financial columnist Paul Merriman of MarketWatch.
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