No. of Recommendations: 0
Over a 60-year investing horizon (i.e., 30 years saving for retirement, 30 years of spending in retirement) you'd have to save 60% more money for retirement to make up for the amount of wealth you lost to excess fees.

Meh. On an after fee basis, our FA gets us better returns than plunking our funds into the comparable Vanguard index funds and managing it ourselves. I've looked at it hard, and maybe when we finally do retire and have time to deal with this ourselves we'll get back into self-management, (though sadly probably not back to mechanical investing, the volatility of which DH can't stomach,) but given the after fee returns on our principal, it is hard to get motivated to take more work on.

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