Vanguard Fees Are Going Up -- Here's Why and How to Avoid Them

This week Vanguard announced a change to its account fees. For many, the change will result in higher costs. Needless to say, Vanguard loyalists are not happy about these changes.

Here's just one of many emails I received about the new fee structure: "What in the world is going at Vanguard?? First there's the fiasco of their Target Date Fund nonsense, now the fee being charged for using their mutual-fund only platform ie Barrons article dated August 23, 2023. What do you think???"

In this video, I discuss Vanguard's new fee structure, why they changed it, and how you can avoid paying the fee.

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Video Resources
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Vanguard's New Account Fees: https://investor.vanguard.com/client-benefits/account-fees
Vanguard's Old Account Fees: https://web.archive.org/web/20220517164118/https://investor.vanguard.com/client-benefits/account-fees
Bogleheads Discussion: https://www.bogleheads.org/forum/viewtopic.php?t=383446
Barron's Article: https://www.barrons.com/advisor/articles/vanguard-account-fees-costs-loyal-customers-51661283029
Fidelity Fee Comparison: https://www.fidelity.com/why-fidelity/pricing-fees

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#vanguard #fees #robberger

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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