Cut Out Investment Charges and Fees

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Cut Out Investment Charges and Fees

Jeff Seymour of Triangle Wealth Management in Cary, N.C., points out that many investors end up paying 2% to 3% off the top each year for investing costs. Lower-cost mutual funds and index funds can slash that bill, savings that compound over several decades of investing.

Also, save more by taking full advantage of your employer's matching contribution to your 401(k) account.