Interpreted Prediction
A 1.5% annual fee from a financial advisor on a $1,000/month investment over 30 years, with an 11% return, results in approximately $1.9 million. Without the fee and with a 10% return, the outcome would be $2.1-$2.2 million, highlighting a $200,000-$300,000 difference due to fees.
Prediction Details
Topic