Author predicts his son Ezra's investment account will reach $500,000 in 18 years (by October 2043), based on an initial $25,000 investment, $1,000 monthly contributions, and an average 7% annual return.
"I want to give you an example for my son uh Ezra. I started with initial investment of 25,000. Let's say interest rate is 7%. uh monthly contribution I do about $1,000. So if I calculate this you can see that again half a million dollar if all goes according to plan over a long period of time."
