At This Size, Your Retirement Portfolio Is Too Big For Mutual Funds

You’ve learned why it’s important to avoid investment products once you enter your retirement. If you’re lucky, you can, and maybe you should, begin transitioning your investments to individual securities well before you earn that gold watch.

“Typically, the further one gets away from owning individual investments, the higher the costs become,” says Stephen Taddie, Partner at HoyleCohen, LLC in Phoenix. “It is a function of paying for the multiple layers of responsibilities overseen by people, firms, managers, etc., as each layer creates an additional layer of fees.”