Quote:
Originally Posted by Justputt
I was in the wrong place in the 80s, missed the boat in 2008, etc., and what I finally learned is to pay the fee and have Fidelity manage the accounts because they watch everything all the time and much closer than I ever could. Even allowing for the minor fee, I still do better letting them handle it. Lastly, I don't want to spend my retirement WORKING on investments. I'd rather work on spending them down.
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Paying them 1% a year is not a minor fee. In fact over 30 years they will make more from your investments than you will.