MH (32 years old) is projected to accumulate approximately $1.65 million in investments by age 60, assuming an initial $40,000, continuous monthly contributions of $1,100 (including employer match), and a conservative 8% annual return.
"He says he has $40,000 already in his investment accounts and I'm just going to use a conservative 8% ongoing and we'll just say take him to 60... that puts him at check this out $1.6 million $1,652,000 when he crosses into his 60s"