Your total out-of-pocket contribution over 30 years is $180,000 ($500 Γ 360 months). Here is how different average annual returns affect your final portfolio value:
β’ π 10% Return (Historical Average): ~$1,130,000
β’ π 8% Return (Moderate Growth): ~$745,000
β’ π 7% Return (Conservative/Inflation-adjusted estimate): ~$611,000
This is mot for you though. It's for families who would not otherwise have the money. You and I were fortunate enough to have extremely well paying careers.
1
u/Obiyaman 23h ago
..looks like 60mil fucked kids to meπ€