[wil421]

At %0.07 you would lose about 2% of your total value after 30 years.[1] No thanks.

[1]https://www.bogleheads.org/wiki/How_much_do_you_lose_to_annu...

[Maxatar]

2% over 30 years is inconsequential. At an average rate of 7%, that mean you'll grow your investment by 759% over 30 years instead of 761%.

[yerebnu]

Your math is way off. It's not merely 2% of the initial investment, but your final overall wealth.

[francisofascii]

That is the average. Many of them are just 0.03% or 0.04%

[neogodless]

... of the original value, ignoring growth, dividends, and inflation.