Seems like to me like the example here is a bit conservative on the fund and a bit optimistic on the bank though? Or maybe I'm putting to much weight on recent history 😜.
Anyways, that difference of $600,000 after what I assume is 63 years? While impressive in it's percentage increase over the bank is still "only" $175k in today's value assuming 2% annual inflation. Still a great addition to what other pension savings he'll likely have through work and personally though:)