The two bills nobody ever sends you.
Two costs decide how much of a retirement portfolio a family actually keeps. Neither arrives as an invoice, and neither appears on a statement as a dollar figure. This report puts both on the page, for one composite household, with every assumption stated.
Two questions most statements never raise.
- The first bill. What does an advisor fee on a retirement portfolio add up to in dollars, not percent, across a full retirement?
- The second bill. Why is the income tax inside a 401(k) or traditional IRA a bill that has already been recorded, and when does it come due?
- The ten years after. What happens when an inherited retirement account must be emptied, often in the heirs’ highest-earning years?
- The choice. Which of the two bills is largely a matter of choice, and which questions to ask anyone, including the adviser whose arrangement the report examines?
Written for households with sizable balances in tax-deferred retirement accounts, and for the adult children who may one day inherit them. Large type, plain English, and every source and disclosure included.
Why we ask a few questions first
The report contains hypothetical, model-based projections for one composite household. Material like that should reach readers for whom it is relevant, and readers should understand what a projection is and what it is not. So we ask four short questions before you download it. Everyone who completes them receives the report.