'Real Money': 401 (k)

Avoid "astronomical" fees when saving money for retirement.
0:33 | 09/25/13

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Transcript for 'Real Money': 401 (k)
You've done -- edgy but he's if he's really high they are there astronomical but I'm that they Hewitt with free for a Wednesday. But what they didn't disclose to -- is that. When they take this expense ratio one half percent plus about 1% of that goes back to the financial advisor this'll do this plan and and it's fair that they get a commission but I would I would say that that's a pretty outrageous commission. And over the lifetime of your career the slide up to half -- million dollars or more in difference between this and a low cost provider.

This transcript has been automatically generated and may not be 100% accurate.

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