Using the ASIC Calculator $10k invested for 30 years with a $1000 a month top up
With 2% Fees and investment earnings of 7% each year you wind up with $841,836 the effect of fees is $403,740
With .06% fees and investment earnings of 5% (each year) you wind up with $848,876 the effect of fees is $9,719
At investment earnings of 7% in the second example to match the first one you wind up with $1,230,562 the effect of fees is $15,013
With 2% Fees and investment earnings of 7% each year you wind up with $841,836 the effect of fees is $403,740
With .06% fees and investment earnings of 5% (each year) you wind up with $848,876 the effect of fees is $9,719
At investment earnings of 7% in the second example to match the first one you wind up with $1,230,562 the effect of fees is $15,013