You may have noticed ads on TV that say paying fees for financial products and services could be eating as much as 30% into your retirement. Often, fees charged are based on the product and are not necessarily determined by your advisor. While you could opt for less expensive products, you may have to forfeit the benefits of the expert advice your advisor can provide. Your advisor is there to guide you through important decisions and acts as a sounding board and a counsellor. Be sure to consider whether lowering the cost outweighs receiving beneficial advice when making your decision.