TheBitCast

The Real Cost of a Financial Advisor (And Why the 1% Math Is Misleading)

Podcast: Stay Wealthy Retirement Podcast · Taylor Schulte, CFP®

Opublikowano: 2026-04-09

A viral claim keeps making the rounds: that a 1% advisory fee will drain hundreds of thousands of dollars from your retirement savings. The math looks alarming... and that's exactly the point. But as with most things in finance (and life!), the truth is more nuanced than a headline or social media post makes it seem. In this episode, I break down research from Derek Tharp, Ph.D., CFP®, that puts this widely shared math to the test and reveals where it falls apart. Here's what you'll learn: → The misleading assu...