ilmscore | Prediction Details
"the more time your money has to grow the wealthier you will become 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 01:28:21 - 01:28:16
Interpreted Prediction
The longer one invests, the greater the wealth accumulation. Starting at age 21 with $625/month at 10% annual return yields $5.9M, while starting at 40 yields only $900K.

Prediction Details

Topic
Investment Growth

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