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QUESTION 1 1. You have been a diligent saver and at age 30 you have managed to save $50,000 for your retirement at age 65.

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QUESTION 1 1. You have been a diligent saver and at age 30 you have managed to save $50,000 for your retirement at age 65. You estimate that your invested savings will make on the average $3000 per year. The fund management fees are 1.5% of your investment balance at the end of the year after the Investment returns have been added. You pay fees on a percentage of the total investment balance-not on annual investment gains of your hard earned retirement savings. What will be the difference in the retirement savings of $50,000 at age 65 if the fund management fees were 0.5% What advice you will have for a potential client who wants independi.pt advice on how to choose funds based on management fees/costs? TTTT Paragraph XD09 Aria 3 (12) ETT. Chick Save and Submit to save and submit Chick Save All Antowall ans. QUESTION 1 1. You have been a diligent saver and at age 30 you have managed to save $50,000 for your retirement at age 65. You estimate that your invested savings will make on the average $3000 per year. The fund management fees are 1.5% of your investment balance at the end of the year after the Investment returns have been added. You pay fees on a percentage of the total investment balance-not on annual investment gains of your hard earned retirement savings. What will be the difference in the retirement savings of $50,000 at age 65 if the fund management fees were 0.5% What advice you will have for a potential client who wants independi.pt advice on how to choose funds based on management fees/costs? TTTT Paragraph XD09 Aria 3 (12) ETT. Chick Save and Submit to save and submit Chick Save All Antowall ans

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