Fees & Commissions

Fees and commissions are the dirty little secrets of money management. Many firms will tell you ‘we don’t charge for managing your money‘ but then put you into investments with hidden charges that are sometimes larger than their earnings. And the outcome is that fees are paid annually or based on transactions, so they keep compounding. Sometimes you can see them in statements, other times they are lost in the fine print. Regardless, their costs can slowly erode the value of your hard earned savings.

The Cost of It All

Well, let’s take a look at the impact. Here is a chart from the SEC’s Investor Bulletin titled ‘How Fees and Expenses Affect Your Investment Portfolio’:

So we see simple addition of a 1% fee resulted in $40,000 of reduced savings over a 20 year period. As a result, 40% of the original $100,000 investment or nearly 23% of the final result of $180,000 is gone – forever.

Does the Fortune Builder Wealth Plan eliminate all costs associated with the program? No, it does not. However, over the course of a savings lifetime, the Fortune Builder Wealth Plan will minimize the impact of these costs beyond anything that Wall Street can offer. And, when you die, any fees or commissions collected are returned – tax free – to your estate. Ask your Wall Street advisor if they will be willing to do that for you!

So, while there is no way to completely avoid cost of managing your money, doesn’t it make sense to see how a Fortune Builder Wealth Plan might be able to save your the cost of those excessive Wall Street fees? Fill out the form on this page and we will be happy to show you how our plan works.

Would you like to read the entire SEC report? Click here to get a copy.


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