High mutual fund fees could delay retirement plans

As much as 11 years

High mutual fund fees could cause Canadians to delay their retirement by as much as 11 years or else leave them with 40 per cent less money for their retirement, says a report from the Canadian Centre for Policy Alternatives.

The think-tank published the report on Tuesday as Canadians were going through their annual tradition of trying to decide where to invest money before the RRSP deadline on March 2.

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