Investing costs
The real cost of a 1% fee, worked out over thirty years
One percent sounds small next to a 6% return. Run it over a working lifetime and it takes roughly a quarter of your growth. Here is the arithmetic.
Investing costs and compounding
Hannah trained as an actuary and still enjoys a good amortisation table. She writes about fees, compounding and the slow, unglamorous maths of long-term saving.
One percent sounds small next to a 6% return. Run it over a working lifetime and it takes roughly a quarter of your growth. Here is the arithmetic.