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2). Get Rich Slowly By : Chris Cooper
Is it hard to get rich? Not really, if you’re young.
Its fun to play with financial calculators and see what might happen.
Assume you have just graduated from college, are about 22 years old and I just started your first real job. If you put $100 a month in an IRA that grows at 10% a year, you will have about $865,000 at age 65. 10% a year compound growth is about what you should exect if the money was invested in a no-load S&P 500 Index Fund.
Article Related to: savings and investments, financial planning, personal finance, debt management
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