Life And My Finances

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How your money could This chart shows the impact of compounding - actual returns will be different. We've assumed markets will go up by an average of 5% per year and the portfolio allocation stays the same. Wealthsimple charges a 0.5% management fee and the ETFs charge about 0.15%, while a traditional mutual fund investor pays 0.72%. We used the current CD rates to calculate a rate of return for savings accounts. grow in 30 years

Wealthsimple

$270,870
Today
Wealthsimple
Savings account
Year 30
Today
Wealthsimple
Traditional investor
Savings account
Year 30