2% a year — what is that over thirty years?
Fees are one of the few variables you can confirm in advance. Percentages can look small; over time, compounding turns them into a concrete dollar difference. Enter three numbers and see the ending difference fees create over ten, twenty, and thirty years.
The numbers you enter are calculated in your browser only and are never sent to Lucid.
Before fees; a long-run assumption is fine
Add up non-overlapping annual costs: product fees (MER/TER), advisory, platform — note whether the advisory fee is already inside the product's rate
If the fee you entered comes from a proposal now sitting in front of you, the Independent Second Opinion ($2,000) reads its terms and fee structure — no details of your other finances required.
A simplified educational calculation: net return is taken as gross return minus the fee rate — real fund fees are deducted continuously from assets, so the exact result differs slightly from simple subtraction; constant returns and fees are assumed, based on a one-time investment with no further contributions, and results are future nominal amounts (not inflation-adjusted); no taxes, no transaction costs. A fee level is not a verdict by itself — what matters is what it buys. Not investment advice.