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How valuable is it if a fund saves you 50 basis points (i.e. 0.5%) per year in expenses? If you save $40,000/year and invest at
How valuable is it if a fund saves you 50 basis points (i.e. 0.5%) per year in expenses? If you save $40,000/year and invest at a 4.0% rate of return, how long does it take to save $2 million? If you have $2 million and can invest at 4%, how many dollars can you spend per year and have nothing left after 30 years
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