Have you ever considered how much damage investment costs are doing to your retirement savings? Or what the effect is of the apparently insignificant cost percentages quoted by your financial adviser? Research has shown that advisers, product providers and asset managers are the ones who are getting the cake while the investors get the crumbs.
It has been calculated that over a 40 year period real returns, that is the return you earn after taking off the effect of inflation, on your retirement savings are being reduced by costs by on average about 75%!
It has been calculated that over a 40 year period real returns, that is the return you earn after taking off the effect of inflation, on your retirement savings are being reduced by costs by on average about 75%!
