When dealing with percentages, an offer that sounds good at first may turn out to not be so great, depending on where you are in your retirement planning.

As you accumulate savings, for instance, you’re looking to generate growth in your account and so you may hire an investment advisor to help you make the best choices.

Their fees are typically around 1%.

That number seemed low to my trainer, for example: “Only 1% a year, as he said.

(Of course, on $1 million of savings, you would pay $10,000 – and more – each year.)