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Investment Fee Impact Calculator

See how much a 1% expense ratio costs you over decades.

Cost of higher fees
$150,323
16.0% of Fund A's ending balance, lost to higher fees
Fund A (0.05% fee)
$937,005
Fund B (0.85% fee)
$786,682

Fees are subtracted from the annual return and applied to the full balance each year. Contributions are added at year end.

About

A 1% fund fee sounds small. Over 30 years it can eat a quarter of your final balance. This calculator compares two funds with different expense ratios and shows the gap in dollars at retirement.

How to use

  1. Enter your starting balance and yearly contribution.
  2. Enter the expected return and your time horizon.
  3. Enter two expense ratios to compare.
  4. See the side-by-side ending balances and the dollar gap.

FAQ

What's a typical expense ratio?+

Index funds run 0.03% to 0.20%. Actively managed mutual funds often charge 0.5% to 1.5%. Many 401(k) plans have funds in the 0.7%+ range.

Does this assume the funds return the same?+

Yes. The only variable is the fee. In practice high-fee funds rarely outperform after costs, so the real-world gap is usually larger.