How to Cut Your Investment Fees in Half

When dealing with percentages and asset-based fees, an offer that sounds good at first may turn out to be not so great, depending on where you are in your retirement savings journey.

As you accumulate savings, for instance, you're looking to generate growth in your account, and so you may hire an investment adviser to help you make the best choices. Their fees are typically around 1% of the value of assets under management. Whether that sounds like a good deal probably depends a lot on how much money you have in your account.

That number seemed low to my personal trainer, for example: "Only 1% a year," as he said. He doesn't have a