A tiny force that will supercharge your retirement

2018-06-06 09:19

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1% may seem like a small and insignificant amount but it can make all the difference. Take something as simple as water for instance – the difference between boiling water and steam is the difference between 99 degrees and 100 degrees – expanding 1700 times in volume and creating one of the most powerful forces on earth. Yes, that’s right, 1% is all it takes to change your cup of tea to steam!

So, what is 1% worth to you? Not much? Think again. “If 1% does that to water imagine what could it do for your investments over a 40-year saving lifetime,” says Steven Nathan, CEO and founder of 10X Investments. Just as steam is one of the greatest forces of the natural world so compound interest is one of the greatest forces of the investing world.

Ask Billionaire investor Warren Buffett for the single most powerful factor behind his success, and he’d instantly respond “compound interest” — without skipping a beat. Businessman, investor and financial commentator Jim Rogers says, “Compounding is the magic of investing” and American investor and hedge fund manager Seth Klarman explains "The effects of compounding even moderate returns over many years are compelling, if not downright mind boggling."

With compound interest, paying 1% less in fees can mean 30% more money when you stop working. Earning almost 1% higher returns can mean another nearly 30%. And that 1% could be the difference between a comfortable retirement or a cash-strapped one.

10X Investments, the disruptive asset manager, always charges less than 1% in fees in an industry where the average is around 3%. The difference is invested for customers and earns compound interest. To ensure that retirement savers have more money when it matters most, they don’t need to find the best fund manager (even if it were possible), they just need to join the One Percenters. Nathan adds that 10X’s award-winning investment strategy has outperformed the average return of large fund managers, as measured by Alexander Forbes Global Manager Watch, delivering ten year returns of 11.3% per year.

And what could be better than paying just 1% in fees? Paying 0%, of course. 10X is running a special offer in May and June for people who join the One Percenters: customers who purchase a new retirement product before June 30 will get the next six months absolutely fee free.

“At 10X Investments, we’ve always believed in the difference 1% can make,” says Nathan.

Along with index-tracking, consistently low fees is the key pillar of 10X’s investment solution which applies to all of its customers, from the boardroom to the shop floor.


Join the One Percenters at 10X Investments, where paying less than 1% in fees can mean 60% more money at retirement. Sign up before 30 June and get 6 months entirely fee free. Contact 10X's retirement experts for a free fee comparison, or retirement plan.

Find out more about 10X here.

This content is sponsored by 10X and co-created with Brandstudio24 for News24 

Read more on:    finance  |  invesstments

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