Quote:
Originally Posted by donfairplay
Not that it matters but to get to $100k lifetime ETF fees, assuming a 0.11% fee difference between VTI and Vanguard's Target Date Funds, would require someone to invest like $3 million a year for 30 years. Plus there aren't any additional fees tacked onto Vanguard Target Date funds, they're just forced to use Investor Class shares instead of Admiral Class shares/ETF versions. Plus you can't even buy Investor Class shares these days.
Not that it matters.
Are you not compounding?
Just quickly putting some numbers into this compounding calculator:
https://www.nerdwallet.com/banking/c...est-calculator
Lump sum of $100,000 compounded monthly at 10% at the end of 30 years is $1,984,387.
With the 0.11% difference in fees you mentioned: Lump sum of $100,000 compounded monthly at 9.89% at the end of 30 years is $1,920,485.
So in this example, for every $100k you invest, that tiny 0.11% difference in fees costs you $63,902.
And that's just the 0.11%
difference. It costs you far more than that in total fees.