How much are you paying in 401(k) fees?
A lot of us listening to this show, we have 401(k), or 403(b)’s and the like. These are retirement plans typically offered through our employers. Have you really ever taken the time to figure out how much you’re being charged in fees to invest to these portfolios?
Today’s guest is Josh Jenkins-Robbins. His mission in his career, and in his life really, is to pull back the veil on all the excessive fees he claims these 401(k) plans charge. He is the Chief Strategy Officer at America’s Best 401(k). There, they try to save investors up to 40% in fees.
On the show, we talk about why the 401(k) market needs disrupting and how we can all reduce our fees, and maybe even play some catch up in our retirement accounts if we feel behind. It’s worth mentioning that Josh is also Tony Robbins’ adopted son. As we know, Tony is the number one life and business strategist in the country. He was also my very first guest on So Money. I had to ask Josh what it was like growing up with Tony as head of the household and how their relationship influenced his money mindset.