Detailed text transcripts for TV channel - FOXNEWS - 20150304:16:33:00
Fund. they charge well than 1%. actively managed fund charges 3%. look at the difference in savings. passive investor earns $927,000 by the time they get to retirement. the person who is buying actively managed funds ends up with $561,000. that means they've given $366,000 away in fees almost half of their money going to fees. so the lesson here is that if you can buy index funds that charge very little to the investor, you can save a lot of dough on your own for retire many. jon: we all need to think more about that don't we? >> that's right. jon: you can watch jeri on the fox business networ...
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