Blooom Review [Free 401K Plan Audit and Save $$$]

Blooom Review [Free 401K Plan Audit and Save $$$] https://youtu.be/7pQuejcIAGM Get your free 401K review with Blooom to find the hidden investment fees and other problems in your 401K plan https://ift.tt/2QjEM2Z We’ve covered some of the biggest mistakes like 401K loans and questions like how much to contribute to your 401K in this series. We’ve also talked briefly how Blooom helps to avoid some of the biggest mistakes and those hidden investment fees but I wanted to take this video to do a deeper Blooom review. The service is unique in analyzing your 401K plan to find those hidden fees and how the funds will (or will not) help you reach achieve retirement plans. It’s a completely free service and takes less than five minutes to check your 401K retirement plan. Even if you decide to let Blooom manage your 401K plan, it’s just $10 a month and can help save thousands in fees alone. In this video, I walk you through signing up for Blooom and connecting your existing 401K plan. Blooom won’t change your investments or your plan. The free review just looks at your fees and funds to make sure you’re paying as little as possible with your 401K plan and that the investment choices are right for your needs. Blooom works with most 401K providers including Fidelity 401K, Prudential 401K, Vanguard 401K funds, Wells Fargo and T Rowe Price 401K plans. SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://ift.tt/2zsdiOe Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. The information is provided for discussion purposes only and should not be considered as advice for your investments. Please consult an investment advisor before you invest. Investing involves risk. Your investments are subject to loss of principal and are not guaranteed. Blooom is limited to the funds available in your employer sponsored retirement plan. There is no guarantee blooom can or will reduce your fund expenses. Source *Retirees living in poverty: Kaiser Family Foundation analysis of Current Population Survey, 2017 Annual Social and Economic Supplement https://ift.tt/2CUEgx6 Source *42% reduction in fees from Target Date funds: https://ift.tt/2RI8knD Source *Forbes quote fees cost to investor: https://ift.tt/2Qlh7PJ Let's Talk Money! with Joseph Hogue, CFA