ilmscore | Prediction Details
"if you even stopped contributing altogether to your retirement portfolio at age 40 but you still invested it into the market and averaged an S P 500 return of eight percent per year you'd actually have 1.55 million dollars by the time you retire at age 67."
By Humphrey Yang | July 12, 2023 | Pending
From video
How Much You Should Have in Your 401(k) - By Age 00:04:24 - 00:04:37
Interpreted Prediction
If a person has $195,000 saved by age 40 (2.6x their annual income), stops contributing, and invests it in the market earning an 8% average annual S&P 500 return, they will accumulate $1.55 million by retirement at age 67.

Prediction Details

Topic
Retirement Savings

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