How much could fees change your investment?
Compare percentage and fixed fees under the same gross return, contributions and horizon, including their effect on future growth.
Use a return before the fees below. Fees paid and the final-value difference are different: fees can also reduce future growth. No tax or product-specific rules are included.
Your result
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Balance over time
Full monthly breakdown
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Understand this estimate
Use a return before the fees below. Fees paid and the final-value difference are different: fees can also reduce future growth. No tax or product-specific rules are included.
Worked example
Starting with 1000 and adding 100 monthly for 12 months at 0% gives 2200 without fees, versus 2176 with a fee of 2 each month. At positive returns, the balance difference also includes growth lost to fees.
How we calculate this
The assumed return is effective per year. The monthly growth factor is (1 + yearly return / 100) raised to 1/12.
Each month earns growth on its starting balance, then pays any modelled fees, then receives contributions or makes withdrawals at month end.
Projections retain fractional cents internally and round only for display. Displayed rows can differ by a cent when added. Amounts above 10000000000000 are unsupported. Actual returns vary; tax, inflation and product rules are excluded unless explicitly entered.
After gross growth, deduct the annual fee percentage divided by 12 times the balance, then the fixed monthly fee (capped at what remains). Contributions follow. Actual fund charging schedules can differ.
Sources explain the underlying concepts; this calculator uses the conventions described above. It does not recommend a financial product.
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