Let's say we're starting with a 401(k) that's worth $100,000 and achieves a 7% average rate of return. Let's also assume that we're maxing out our 401(k) contribution and putting in $19,500 each year. With the target-date fund, after 30 years, this 401(k) would be worth more than $2.3 million. But at the same time, we'd pay a whopping $403,849 in fees. By year 19 with the target-date fund, we'd have paid more in management fees than our initial investment. With the lower-fee 401(k), after 30 years, this account would be worth more than $2.6 million. And we'd have paid only $92,683 in fees. That's a staggering $311,166 difference! And before you think, "Well, Rachel, I don't have 30 years before I retire"... Consider this: After just five years, the lower-fee 401(k) would save $5,842 in fees compared with a target-date fund. That's enough for a 12-night cruise for two through the Greek islands! While it's worth checking your brokerage's policy on contribution changes to look for any hidden fees, I made this switch to my own 401(k) for free. And by the time I retire, that one adjustment could amount to as much as an extra $311,166 in my account. Admittedly, there's a bit more oversight involved in my lower-fee 401(k) than in the target-date fund. Specifically, I have to remember to rebalance my portfolio once a year, and I typically do it around the holidays each year so I don't forget. But, to me, an extra 10 minutes once a year is well worth an extra $300,000 in my golden years. While I like to consider myself independent and financially savvy, I'm not sure I'd have made this switch (or at least made it as soon as I did) without The Oxford Club. And all this happened within my first year of working here... I'm now going on seven years of having access to some of the most intelligent and compassionate people in the money business. Without a doubt, the knowledge I've gained here at the Club will add a few million dollars to my net worth by the time I retire. And the best part is, I haven't benefited from any secret "insider" information... All of the tips and tricks I've picked up are the same ones Chairman's Circle Members have access to. In fact, one of the first things we give new employees access to is The Chairman's Circle. That's because there's no better way to get employees up to speed on the company and their individual financial goals than by giving them access to every e-letter, newsletter and VIP Trading Service The Oxford Club publishes. We feel the exact same way about our Club Members. That's why today, CEO and Executive Publisher Julia Guth is inviting you to be a "Partner" in our $109 million business. And you won't have to wait 30 years to reap the benefits... In fact, you could capture $64,595 in benefits today. Click here to view your personal invitation. Good investing, Rachel | 
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