When you work with Newmont Capital Group you’ll never pay fees on your accounts.
1% fee would reduce the returns of a 4% return rate portfolio by approximately 25% over 20 years. This calculation is based on the assumption that the portfolio’s returns are reinvested and compounded annually.
For example, if you have a $100,000 retirement portfolio with a 4% return rate and a 1% fee, you would have approximately $220,000 after 20 years without the fee. However, with the 1% fee, your returns would be reduced to approximately $165,000.
*It’s important to note that this calculation is based on a specific set of assumptions and actual results may vary. Other factors such as market conditions and inflation can also impact the overall returns of a portfolio.
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