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John Bogle says clients can save 66% of their retirement return by doing this For Vanguard founder John Bogle, the "tyranny of compounding costs" makes the difference between investors who win and others who lose. Investment costs normally take about two-thirds of the gains clients make, according to this article, so smart investors opt for low-cost options. "Let's assume the stock market gives a 7% return over 50 years. If you get to 7%, each $1 goes up to $30. If you get to 5% (that would be 7% less the industry's typical 2% all-in costs), you get $10," said Bogle in an interview. "So $10 versus $30. You put up 100% of the capital, you took 100% of the risk, and you got 33% of the return! As I say to people, if that strikes you as a good deal, by all means do it!" --MarketWatch
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