By H. Grant Perry
"So, what does an additional percentage or suggest to somebody who's retiring? contemplate the case of 1 retired couple who like to take annual journeys to Maine of their RV. in the event that they are paying charges of 2-3 percentage on their portfolio of 1000000 cash, that’s $20,000 to $30,000 a yr! It sounds even more laborious if you happen to convert possibilities to funds and cents, doesn’t it? If an self sufficient fiduciary consultant can minimize these charges in part, it provides the investor an additional $10,000 to $15,000 in touring funds every year. funds that was once simply falling in the course of the cracks sooner than. think the issues they could do with that a lot more money in addition to shuttle. they could plow the mark downs again into their funding money owed. they could aid with their grandchildren’s education…"
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Moneychangers of Wall Street: What Your Stockbroker Doesn't Want You to Know by H. Grant Perry