No. of Recommendations: 2
a difference in fees will make a BIG difference. Unfortunately, you can't just include it as a planned expense to be paid out of the withdrawals - because it is actually charged on the entire balance.

For example, if you are withdrawing 4%, but just want to account for the 1% fee out of the withdrawal, that is a full 25% of your withdrawal.

Ultimately, fees do matter. However, I also agree that fees only become an "issue" in the absence of "value"....and what that "value" is may be different for everyone. Many people don't have the skill, knowledge, or desire to handle investments on their own. A 1% fee, even to LOSE to an index fund, is still worth it if the alternative was that they leave their money all in a money market fund doing nothing.

Those of us on these boards are in the minority, I believe, out of the overall population.

Dan
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