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The Fund Charge Swindle

The purpose of this app is to illustrate how much fund charges reduce the value of your pension over time

The purpose of this app is to illustrate how much fund charges reduce the value of your pension over time

The Fund Charge Swindle

by Ed Jackson
The Fund Charge Swindle

What is it about?

The purpose of this app is to illustrate how much fund charges reduce the value of your pension over time. How much does a 1.5% charge actually reduce your fund at retirement compared to a 1% charge? The answer is way more than you think!

The Fund Charge Swindle

App Details

Version
1.1
Rating
NA
Size
0Mb
Genre
Finance Education
Last updated
March 30, 2021
Release date
March 30, 2021
More info

App Store Description

The purpose of this app is to illustrate how much fund charges reduce the value of your pension over time. How much does a 1.5% charge actually reduce your fund at retirement compared to a 1% charge? The answer is way more than you think!

Input the current value of your fund and the number of years until retirement. Then choose the assumed rate of return on your pension fund and select a level of charges. Play around with these inputs to see the effect of higher charges.

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