The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: garth on September 14, 2015, 09:45:08 AM

Can anyone recommend a calculator that I can use to show my students the impact of loads and expense ratios on investment returns over time? I really like the FINRA Fund Analyzer (http://apps.finra.org/fundanalyzer/1/fa.aspx), but it doesn't allow for yearly contributions (it only models a one time investment).
This calculator (http://401kfee.com/howmucharehighfeescostingyou/) is more along the lines of what I'm looking for, but doesn't have an option to include a load.
Any suggestions? Thanks!

Ask them to do it themselves in a spreadsheet?
Might depend on how old they are and if you can assume they have spreadsheet access, but something they do themselves will likely have more impact....
ETA: If a graph of balance vs. time isn't needed, they could do the P * (1  load) * (1 + (i  fee))^n calculation on a calculator for a onetime contribution. Need to use the Future Value function (or get into its derivation) for annual contributions.