Predicted that an individual, starting in their 30s with a $50,000 salary, investing $50,000 and contributing $500 monthly with an 8% average return, would have approximately $1.77 million saved by age 65.
"someone in the 30s who is making 50,000 per year were to invest that 50,000 and then contribute an additional 500 per month from that point on assuming an 8% average rate of return they would have approximately 1.77 million saved up by the time that they reach 65"
