Every dollar paid in fees is a dollar that cannot grow. Expense ratios, trading commissions, and advisor charges all erode returns, especially over decades of compounding.

Compare expense ratios when selecting funds and favor low-cost options wherever possible. Use commission-free trading platforms and consider whether advisory fees align with the value you receive.

If you work with a professional, request an annual fee review. Small percentage differences add up quickly, so negotiating or switching to lower-cost alternatives can substantially boost long-term results.