simplistic understatement, page-6

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    $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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