Thanks for the heads up on this. Going to set the TIVO to record this. Although most if not everyone on this forum understands the importance of fees, it's always nice to hear it again or get another take on what's going on. I love the Bill Bernstein quote "the finance industry services clients the way Bonnie and Clyde serviced banks". As someone who has a combination of IRAs, 403bs, and a 401k, keeping fees low has required effort. About six months or so ago, I met with our 401k administrator/fiduciary and grilled him on expenses; he was none too happy about this, but I found out what fees we were paying in our small business 401k. And the importance becomes readily apparent in the Firecalc box for expense ratio...change this and see what a difference it makes. Appreciate the good dialogue on this topic.