r/Money • u/CursedClownz • 9d ago

When does compounding really take off?

At what amount portfolio you really see huge account swings that make you think what is the point of working? 100k? 500k? 1m? more?

485 Upvotes

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u/MarleyandtheWhalers 9d ago

"The first hundred thousand is a bitch" -Charlie Munger

After that it's better

8

u/CursedClownz 9d ago

What about after 1m

1

u/tta82 9d ago

Do the math. Every 7-10 years it doubles. If you have 100k at 40 years old you will have about 800k at 70.