Andrew Lokenauth on Nostr: The Roth IRA limit is $7,000 in 2024. That's only $135 a week. If you invest $135 a ...
The Roth IRA limit is $7,000 in 2024.
That's only $135 a week.
If you invest $135 a week into S&P 500 index funds for 30 years, you'll only spend $210,000 of your own money.
But at retirement, you should have $1,300,000.
This is the tax-free growth and compound interest.
Published at
2024-06-24 13:49:16Event JSON
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