Do you have a 401k, a mutual fund, or IRA?  You're paying an expense ratio, whether you know it or not.  Clayton Johnson, certified financial planner with Squire Wealth Advisors, explains what these fees are.

He also discusses management fees if you are using a financial advisor, and says, for the most part, you should not be paying more than 1.5% of your investment in fees.  Here's where to find many expense ratio fees.

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