In today’s episode, Ralph Estep Jr. and Juliet spend the whole show on 401(k)s, covering the fees nobody sends a bill for, the fund you may never have chosen, and the old accounts people leave behind.

In This Episode

✓ How a one-point fee gap cuts a 401(k) balance by 28% in the Labor Department’s example

✓ Why two target date funds with the same year can cost very different amounts

✓ 31.9 million forgotten 401(k)s holding $2.13 trillion

✓ What fiduciary means and why it matters when you pick a fund

✓ One Good Question: Marcus’s water bill jumps from $75 to $210

✓ Money move: find your first $25 in cut week

If you have never looked at what your 401(k) actually costs, this episode gives you a place to start.

Resources

Watch live:

https://www.becomingfinanciallyconfident.com/live

Win Our Christmas Bonus giveaway:

https://www.becomingfinanciallyconfident.com/giveaway

Book a call:

https://www.ralphestepjr.com/schedule

Year-end tax review:

https://www.becomingfinanciallyconfident.com/yearend

Retirement Savings Lost and Found:

https://lostandfound.dol.gov/

Follow Becoming Financially Confident

LinkedIn: https://www.linkedin.com/company/becomingfinanciallyconfident

Facebook Group: https://www.facebook.com/share/g/1HpWqv8jp9/

Instagram: https://www.instagram.com/becomingfinanciallyconfident

Skool Community: https://www.skool.com/becoming-financially-confident-7556

Have a money question?

Send it here:

becomingfinanciallyconfident.com/voicemail

Companies Mentioned

Vanguard

Fidelity

Intel

Citizens Financial Group

Exxon

Demos

Capitalize

Home Depot