According to the Wall Street Journal, the average investor is losing 3.17% per year to fees and lost opportunity costs on most of their investments and they don’t even know it! This is not even counting the fee they are paying their broker or money manager.

If someone was saving/investing $1,000 per month over a 30-year period at 6% annual interest rate, this would mean a loss of $1,004,515 of their money is going to Wall Street instead of your retirement.

If your investment portfolio is $500,000 this could mean over $15,000 per year or $450,000 during your retirement that went to Wall Street instead of your retirement.