
The Million Dollar Money Decisions You Should Be Focusing On
The Personal Finance Podcast
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How Much Do Fees Matter Over the Course of Your Investing Career?
Fees matter and they're going to cost you well over a million dollars over the course of your investing career. A million dollars would be $10,000 per year that you're paying in fees. If you have an extra 0.5% in mutual funds, now you're at 1.5%. That's a whole salary if you have $5 million. And so paying $30,000 to $75,000 in fees is something we absolutely want to be avoiding at all costs.
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