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I'm not sure what you're getting at here, partly because I've never invested in a 401K _or_ tried to invest $10 million cash. How much fees does each of these g

• Retric 16y ago
  For a 401k a little over 1/2 a % per year or around (1.065 ^40/ 1.07 ^40) 17% of their final return over 40 years. For 10 million investment ~1% per year is not uncommon so something like (1.06^40 / 1.07^40) = 32% of their return over 40 years. Now plenty of people pay far more or less than these numbers, but that's a reasonable ballpark. For more details from someone with a little money: http://philip.greenspun.com/materialism/money http://philip.greenspun.com/materialism/money "Jeffrey Greene owned $500 million in Southern California real estate and was getting nervous about its value. He was an old friend of Paulson's and, in 2006, let Paulson pitch him on the virtues of investing in his new fund to bet against mortgages. Instead of agreeing to pay the 2-and-20 fee (2 percent annually raked off the top regardless of performance, plus 20 percent of any profits), Greene decided that he could run the trade himself. He pestered his Merrill Lynch broker until the guy got approval from top executives to allow a rich individual to participate in the illiquid and confusing credit default swap market. " http://philip.greenspun.com/book-reviews/the-greatest-trade-ever http://philip.greenspun.com/book-reviews/the-greatest-trade-...