Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

Watch Out for These 10 Hidden Costs in Retirement

February 20, 2023 · Personal Finance
Work From Home
Photo by Ground Picture at Shutterstock

If you’ve faithfully saved for retirement over the years, it’s wise to sit down and go over your finances before you leave your job. You’d be surprised to learn how much money you spend on hidden costs, including management and service fees tied to your retirement accounts.

“It’s amazing how much some of these fees can wreck your retirement nest egg over the course of 30 to 40 years,” points out Gary Scheer, a retirement financial advisor. Add in the subtle charges that can arise in the long run, and your overall savings could be badly affected.

Here are 10 hidden costs to watch for during your golden years and how to manage them.

Pages: 1 2 3 4 5 6 7 8 9 10 11

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!
  • social security, income 7 Social Security Benefits That Will Change SOON

Related Articles

insurance

8 Basic Things to Know About Insurance

What to Know About Insurance: Financial security? Where do I sign? I think it’s safe…

Read More →
deduction

Debt Troubles? Here Are 6 Tips on How To Manage It

How do you deal with your debt? Being in debt is not the end of…

Read More →
net worth

11 Important Assets That Will Boost Your Net Worth

11 Assets That Will Automatically Increase Your Net Worth Your net worth is more than…

Read More →
A senior citizen sits at a desk reviewing financial documents, surrounded by elements suggesting financial security and well-being.

5 Smart Ways to Use Your Stimulus Check for a Better Future

Receiving an unexpected sum of money, like a government stimulus check, can feel like a…

Read More →
Recession

A Recession Is Upon Us! Here Are 8 Things You Don’t Know About Them!

IS A Recession Upon Us? Two consecutive quarters of negative market value readings have sparked…

Read More →
social security, income

7 Social Security Benefits That Will Change SOON

Inflation has become a real problem ever since we had to deal with the pandemic,…

Read More →
Social Security checks, money mistakes and retirees buffett

Retirees Can’t Afford These 9 Money Mistakes

If you’ve been building your nest egg for retirement, you’re well aware of how difficult…

Read More →
tricks grocery stores use tariffs

8 Sneaky Tricks Grocery Stores Use on Shoppers

Can you guess the tricks grocery stores use on shoppers?  Ugh, shopping! Probably a lot…

Read More →
home-selling mistakes market

Signs the Housing Market Will Crash at The End of 2024

With high mortgage rates and even higher home prices, many homebuyers witnessed their hopes sink…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2025 The Money Place. All rights reserved.