The Silent Retirement ThieF Expense Ratios

It doesn't wear a mask. It hides in your fund's fine print.

AT AGE 25

0.5%

expense ratio per year — seems harmless, right?

→

After 40 years, you lose

$443K

GONE. MONEY THAT NEVER GOT THE CHANCE TO COMPOUND

The Breakdown

$500/month · 10% returns · 40 years

What fees do to your retirement, side by side.

Zero-Fee Fund 0.00% — e.g. The Ethical Pie Fund, FZROX $3,162,040

100% yours

Low-Cost Fund 0.03% — e.g. VOO, VTI $3,133,322

$3,133,322 kept

−$28K

Average Fund ~0.50% — e.g. HLAL, PRWCX, SPUS $2,718,146

$2,718,146 kept

−$443,894

Expensive Fund 1.00% — e.g. AMANX, CGMFX $2,340,660

$2,340,660 kept

−$821,380

The average fund's fee costs you

$443,894

That's not a rounding error. That's a second retirement.

The fix is simple

Check Your Expense Ratio. Today.

Look up your fund on Morningstar.com or your brokerage.
Find "Expense Ratio." If it's above 0.10%, ask yourself: why?
Funds with 0.00% expense ratios exist — and they're free to own.

The Ethical Pie Fund is one of them.
Zero fees. And as a bonus — it's one of the most ethically screened funds on the market.

0.00%

Calculations assume $500/month invested, 10% average annual return, over 40 years. Fees reduce the effective return rate. Long-term investors like JL Collins, John Bogle, and Warren Buffett have long emphasized minimizing costs as the single most controllable factor in retirement wealth. Past performance does not guarantee future results.