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[–] 60 points 2 years ago* (last edited 2 years ago) (5 children)

Assuming you begin investing at the age of 20 and invest $554 per month for 45 years at a 6% growth rate, you would yield 1.4 million. Definitely not MILLIONS.

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  • [–] 13 points 2 years ago (2 children)

    6% is very conservative though. Even at 7%, which is a widely accepted inflation adjusted number, it's over 2 mil.

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