ilmscore | Prediction Details
"if you invest $625 a month which is $7,500 a year you get that 10% annual return and you start when you're 21 you will retire with $5.9 million but now if for fun you started when you're 25 years old instead now now instead of $5.9 million you would have $4 million if you started when you were 30 years old now you're not going to have $4 million you're going to have $2.5 million and if you started investing the same amount of money with the same rate of return at40 years old well now you are going to retire not with $2 million not with $1 million but with $900,000"
By Minority Mindset | April 14, 2024 | Pending
From video
Why You NEED To Invest 15% Of Your Paycheck To Build Wealth - Jaspreet Singh 00:26:37 - 00:28:16
Interpreted Prediction
Starting investing at age 21 with $625/month and a 10% annual return yields $5.9M by retirement. Delaying this start significantly reduces the final amount (e.g., starting at 40 yields $900K).

Prediction Details

Topic
Investment Time Horizon

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