ilmscore | Why The Middle Class Is Screwed (The Great Squeeze)

Why The Middle Class Is Screwed (The Great Squeeze)

Published: 2024-01-04
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
Contributing $250/month to a Roth IRA for 40 years, assuming average stock market returns, is predicted to accumulate over $94,000.
"A mere contribution of $250 a month in your Roth IRA compounded over 40 years at the average stock market return could get you an ending balance of over $94,000"
Retirement Savings
Pending
Increasing Roth IRA contributions to $400/month for 40 years, assuming average stock market returns, is predicted to result in over $1.44 million.
"if you up that contribution to $400 a month your future value will be over $1.44 million"
Retirement Savings
Pending
Maxing out an IRA at $7,000/year for 40 years, assuming average stock market returns, is predicted to yield over $2 million in compounded returns.
"if you're able to max out the IRA at $7,000 a year you're looking at over $2 million in compounded returns assuming you get the average stock market return"
Retirement Savings
Pending