The cost of fees!

 For those Colorado teachers who recently joined our group, I would like to make you aware that if you are using a 403(b) retirement plan, you are likely paying very high fees and a 5% early surrender penalty. Even though fees of 2.5% sounds small, they will transfer 50% of your wealth to the advisor over 30 years. The PERA401(k) is a low fee option that will more than likely outperform the 403(b). I switched from an expensive 403(b) plan to the low fee PERA401(k) plan 20 years ago, and boy am I glad I did! I have twice as much now, as I would have! Check out the cost of fees below. Let us know if you have questions about switching! It isn't too late to do better with your money--it's your retirement!



Comments