As you probably know, mutual fund fees and expenses are differnet from mutual fund to mutual fund. A mutual fund redemption charge with above-average costs must do a lot better than a low-cost fund to make the same amount for you. Even the smallest change in mutual fund redemption charges can translate into large costs over the life of the mutual fund. Let's say you invested $100,000 in a fund that appreciated at a 10% annual return before mutual fund redemption charges and fees and had annual operating expenses of 1.5%, after twenty years you would have roughly $497,250. However, if the mutual fund redemption charges and fees had expenses of only half of a percent, then you would end up with $608,580! It takes only moment to use a mutual fund redemption charge and fees cost calculator to figure out how the costs of each mutual fund redemption charge and fees add up over time and destroy into your returns.

Here is a calculator for comparing your mutual fund vs. others

$497,250 or $608,580 ----> Which one do you want?

Always read over your mutual funds very closely and choose wisely, based on the mutual fund redemption charge and fees. It could end up costing you hundreds of thousands of dollars at retirement. Look at investing in index mutual funds that have no-loads and costs, on average, under 0.25%. This would increase your savings even more, with zero mutual fund redemption charges!

Always consider carefully before choosing any investment. Sit down and talk with your financial advisor or accountant to find out what choice may be best for you.

Good Luck!