Hi,
I'm wondering which is better:
1) 401k Index fund offers a 0.5% price ratio.
2) A similar index fund outside the 401k offers a 0.05% price ratio.
Let's say the tax bracket is 25% and the goal is to invest 30+ years.
Is there a clear answer which option is better?
What are some factors that could make one option better than the other? Approximately, how much would these factors have to change?
IRA and 401k matching employer contribution is already maxed out.
Thank you
I'm wondering which is better:
1) 401k Index fund offers a 0.5% price ratio.
2) A similar index fund outside the 401k offers a 0.05% price ratio.
Let's say the tax bracket is 25% and the goal is to invest 30+ years.
Is there a clear answer which option is better?
What are some factors that could make one option better than the other? Approximately, how much would these factors have to change?
IRA and 401k matching employer contribution is already maxed out.
Thank you