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Unread 2017-01-27, 12:52 AM   #28
Dave B
 
Join Date: Mar 2004
Location: Creating DaveBisms
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Quote:
Originally Posted by The Lox View Post
Typically your management fees are going to be lower in a 401k than any retail IRA or brokerage account you would be able to open though, so its not exactly the most sound advice to tell someone to only contribute up to the match and then put money elsewhere. You also cant get R6 share class investments in a retail account like you can in a K plan, so again, you would be paying more in fees, which ultimately just come out of your performance if the fund is the same, but the share class is different.
I hear ya. It's just my opinion based on personal experience. When it comes down to it, be informed, keep your fees and costs low, and most importantly, don't keep all your eggs in one basket.

People tend to overthink this stuff and run all sorts of numbers and scenarios and what if's. Look at Warren Buffet's "15 minute retirement plan".

Last edited by Dave B; 2017-01-27 at 12:55 AM..
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