The difference between 7% & 6% (1% fees) is in fact a LOT higher if one takes compounding into effect. By Year 40: * >$500K & * ALMOST a quarter of the portf

The difference between 7% & 6% (1% fees) is in fact a LOT higher if one takes compounding into effect. By Year 40: * >$500K & * ALMOST a quarter of the portfolio When I was starting out, someone in my company's 401k forum mentioned this # (at that time the # was almost 40%, fees have gone down a lot since the early 2000's). And I am glad I paid attention. I try and pass on this wisdom everytime I can. Now, you can too. Here is a NerdWallet article on this topic: https://www.nerdwallet.com/blog/investing/millennial-retirement-fees-one-percent-half-million-savings-impact/ https://www.nerdwallet.com/blog/investing/millennial-retirem... AND My attempt at recreating their math (TL;DR: It matches, almost): https://docs.google.com/spreadsheets/d/1QTa4XBIUgnLCt_lo6x0nEnIEUZptmIeCfopWpQoUCSQ/edit?usp=sharing https://docs.google.com/spreadsheets/d/1QTa4XBIUgnLCt_lo6x0n... edit: for formatting