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I chat with Independent Management Consultant, Joanna Zarach, about a small thing that is making a huge impact on retirement savings. Mutual fund fees are a given, but do you know a 2% change in fees could have a $300,000 impact on the amount of cold hard cash you have to retire on.
I agree, financial books can sometimes look like a foreign language. However, Joanna breaks down exactly what you should look for to evaluate the fees you're paying. Performance may not be as meaningful if you're giving away cash unneccessarily.