Most investors ignore the "Expense Ratio" (Annual Fee) of their mutual funds because 1% or 2% sounds small. But over 30 years, that small fee compounds into a massive loss.
A 1% fee doesn't just reduce your return by 1%. It can consume up to 25% of your total potential wealth.
Use the Investment Fee Analyzer below to see exactly how much money your "small" fees are costing you in the long run.
You lost -- of your potential gains.
Why 1% Fees Matter
Many financial advisors and mutual funds charge a "standard" 1% fee. It sounds harmless. But compound interest cuts both ways. While your money grows, the fees grow with it.
The Solution: Low-Cost Index Funds
This is why the FIRE movement loves Vanguard or Fidelity Index Funds (ETFs). Their fees are often as low as 0.03% or 0.05%. By switching from a 1% fund to a 0.05% fund, you could save hundreds of thousands of dollars over your lifetime.
Not sure how much you need to save? Check our Coast FIRE Calculator to set your goals.