Dec 18, 2024
11:16:10am
11:16:10am
The fact you are already maxing out at such a young age puts you ahead of 95% of
the general public. I have hard time backing off maxing out too because of the tax benefits. It’s always a balance.
The power of compounding in the stock market is crazy though. Say you have 200k saved now, without any additional contributions that would grow to 2.5M in todays dollars over 35 years given the historical return of the S&P.
The power of compounding in the stock market is crazy though. Say you have 200k saved now, without any additional contributions that would grow to 2.5M in todays dollars over 35 years given the historical return of the S&P.
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- STLcoug
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- STL
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- Jan 12, 2002
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- Dec 18, 2024
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