What a 1% Fee Really Costs You Over 30 Years
Penny Paper Trail
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What a 1% Fee Really Costs You Over 30 Years
8 просмотров · 13 дн. назад
Penny Paper Trail
8 просмотров · 13 дн. назад
A yearly fee of 1% sounds tiny. In our example, it quietly takes away $50,216 over 30 years, even though the deposits are exactly the same.
In this video we look at where fund fees hide, walk through an example from the SEC, and then calculate a 30-year example step by step with simple animations.
CHAPTERS
0:00 The fee you never see
1:30 Where fees hide
3:21 The SEC's own example
5:12 Our 30-year example
8:09 The answer and your check
SOURCES
SEC Office of Investor Education, Investor Bulletin: Mutual Fund Fees and Expenses: https://www.sec.gov/files/ib_mutualfu...
FINRA, Mutual Funds - Fees and Expenses: https://www.finra.org/investors/inves...
All other numbers come from the example assumptions shown in the video.
Educational content only - not financial, tax or legal advice. The examples are hypothetical, returns are not guaranteed, and past performance does not predict future results.
Narration is a synthetic voice. All visuals are original 2D animation created with software.
#InvestmentFees #ExpenseRatio #PersonalFinance