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re: Northwestern Mutual - Should I?

Posted on 8/19/14 at 8:37 am to
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 8/19/14 at 8:37 am to
quote:

Dump the NW guy and do it yourself. someone like Fidelity will help you do all of the things you need for fraction of the fees.

If NW nicks you for only 1%, and matches market performance which I'd bet they won't, over 30 years with a 100k initial investment, you'll be out $250,000 !

investment 100,000 100,000
return 7% 8%
years 30 30
future value $761,226 $1,006,266


good luck

This. Absolutely this.
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