Taxes & Switching To DIY Investing

This is a tax simulator to simulate how the cost of taxes for realizing capital gains in a personal taxable account compares to the savings from a switch to lower fee investing. You can modify the fund and advisor rates, rate of return, personal income, time-frame, and account size.

The switching option is selling and realizing capital gains now, paying tax on them, and resetting the adjusted cost base (ACB). The capital gains in the future are taxed compared to that new ACB. This is compared to deferring the gains until later, but continuing with the higher fee-drag. Both strategies are compared on an after-tax basis at the chosen future end-date.