I'm working on a little project and one of the first things I needed to calculate was the impact of mutual fund fees on the terminal wealth.
[img width=1024]http://i60.tinypic.com/2mxrjwi.png[/img]
Let's presume you're, say, 30 years old and your life expectancy is 120, so you'd look at the year 90 row and go across the columns to the right until you find your combined total fee burden from mutual funds, 401(k)'s, etc.. The number will represent how much worse off you are in lost wealth for having to pay Ceasar his due.
Now, Baby Boomers alive right now better plan on living to their 90's and the generations below them better plan for 120+. Word up!
Impact of Fees on Terminal Wealth
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MachineGhost
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Impact of Fees on Terminal Wealth
Last edited by MachineGhost on Wed Jan 07, 2015 6:37 am, edited 1 time in total.
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Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!