$10k PA at 6% over 40 years = $1,640,476.836
At 7% = $2,134,696.216
Just shows how that 1% fee changes things over the long run :-)
I think the long term ASX would be about 12% (?)
12% = $8,541,575.174
Of course this does not take into account inflation, so probably best to use the 6% value to get somewhere near reality. Having said which ones contributions would also go up over time to compensate. Now it is getting too hard for me!
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