Money Lesson Single

One percent, forty years

A marketing manager of 28 pays a little over one percent a year for her investments, which on today's balance is a couple of hundred pounds. What does the same percentage cost over the forty years she means to keep saving?

Employment Expenses ISA Investments

Keep costs down

2 Goals

The same saving and the same funds on a cheap platform: a quarter of a percent a year, all in.

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Employment Expenses ISA Investments

Pay the going rate

2 Goals

The same saving and the same funds on a full service platform in an active fund: one and a quarter percent a year.

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Keep costs down Pay the going rate

The same savings, the same funds and the same market: paying less for the arrangement leaves you ~£1.2m better off by the end.