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Are you paying too much in investment fees? Probably. That is, and per research from Questrade and as further discussed in this article from Moneysense, Canadians are still paying too much in investment fees . The Questrade survey found that 87% of Canadians either don’t know or underestimate the difference that a 2% or 1% fee has on their portfolios over the long run (of 20-plus years). We've all seen the TV ads too. You know, those smug and smarmy investors talking about fees with their brother, friend, or parent and how it can mean a 30% difference to your portfolio value in retirement. The truth is...this is not far off. Let's use an example to illustrate Jim is 40, single, and earns $95,000 per year. Jim has managed to save $130,000 in his RRSP and $30,000 in his TFSA. Jim is also disciplined and plans to save $1000 per month to his RRSP and $500 per month to his TFSA until his planned retirement at age 65. At retirement, Jim hopes to have a $5000 per month spending