Page 17 - Robo Advisors and Growing Your Wealth
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CHAPTER 4
A Case Study
It’s a simple comparison when you take into account the average mutual fund investing fee at 2.5% and compare it to Nest Wealth’s at monthly fee of no more than $80.
Let’s take an investor who is the average Nest Wealth client, in their mid 40’s or 50’s with a horizon of 25 years and $125,000 invested. Let’s say they continue to contribute on average $10,000 each year through an RRSP or some other contribution.
The impact of the savings in management fees is $325,737 over those 25 years.
ROBO ADVISORS AND GROWING YOUR WEALTH
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