How much is your high expense ratio fund and advisor fees really costing you (ChooseFI)

	B	C	D	E	G	H	J
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2	How much is your high expense ratio mutual fund or advisor REALLY costing you?						BLUE = change these values
3	To enter your own values and make any changes you like, go to the File menu and choose Make a Copy						BLACK = calculated values
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5	Initial Investment:		$1,000,000				Hi, I'm Aubrey and I came from the FI community.
6	Age:		45
7							This is the spreadsheet I created in 2013 that convinced me to
8			Low Fees	High Fees			fire my financial advisor. After helping myself and helping
9	Market Return:		7.00%	7.00%			others over the years work towards and achieve FI
10	Advisor Fee:		0.00%	1.00%			I came to the conclusion that there was an ethical way
11	Fund Expense Ratio:		0.05%	1.00%			to work with people one-on-one, and that is to be a FI
12							Financial Advisor that is advice-only, fee-only, fiduciary 100%
13	Year	Age	Low Fee Asset Value	High Fee Asset Value	$ Lost to Fees	% Lost to Fees	of the time, and hourly. Because of FI I was able to leave my
14	0	45	$1,000,000	$ 1,000,000	$0	0%	corporate job and help others in the way I needed help
15	1	46	$ 1,069,500	$ 1,050,000	$19,500	2%	when my hair was on fire, as MMM would say!
16	2	47	$ 1,143,830	$ 1,102,500	$41,330	4%
17	3	48	$ 1,223,326	$ 1,157,625	$65,701	5%	I created Open Path Financial, LLC to serve
18	4	49	$ 1,308,348	$ 1,215,506	$92,841	7%	the needs of DIY investors who are pursuing Financial Independence,
19	5	50	$ 1,399,278	$ 1,276,282	$122,996	9%	with a special focus on neurodiverse clients or anyone who struggles with
20	6	51	$ 1,496,528	$ 1,340,096	$156,432	10%	overwhelm and being pulled too many directions by the demands of life.
21	7	52	$ 1,600,536	$ 1,407,100	$193,436	12%	My mission is to be the Financial Advisor I needed, but couldn't find.
22	8	53	$ 1,711,774	$ 1,477,455	$234,318	14%	I am 100% Fiduciary at all times, Advice-Only, Fee-Only, Hourly financial planning
23	9	54	$ 1,830,742	$ 1,551,328	$279,414	15%	so you know the only person I work for is you.
24	10	55	$ 1,957,978	$ 1,628,895	$329,084	17%
25	11	56	$ 2,094,058	$ 1,710,339	$383,719	18%	Yours truly, Aubrey
35	21	66	$ 4,100,120	$ 2,785,963	$1,314,157	32%
45	31	76	$ 8,027,946	$ 4,538,039	$3,489,907	43%
55	41	86	$ 15,718,545	$ 7,391,988	$8,326,557	53%
65	51	96	$ 30,776,571	$ 12,040,770	$18,735,801	61%
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81							Open Path Financial, LLC (c) 2025
82							https://openpath.financial
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84	Disclaimer: This is not financial advice. You are responsible for all decisions you make about your finances and your life. I believe every person is capable of managing their own money, AND it can sometimes make sense to pay for expertise when the person has knowledge or skills that would benefit you.
85	Copyright: You may use this tool for personal purposes only. If you adapt or remix this tool, please give prominent attribution to me: Aubrey Williams, Open Path Financial, LLC https://openpath.financial.
86	Limitation on Commercial Use: You may not use this tool for commercial use without my permission, but I would be happy to discuss commercial use or consulting to improve the tools you are creating to help people
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