Save One Million by Age HOW??

$2.30 a day at 10% compounded monthly or $78.01 per month. This is close to the cost of a large coffee, or soda and chips, or two candy bars. If you are 18, how much do you think you have to save per day to become a millionaire at 65?

But if you wait? You need to invest: At 25$ per month At 35 $ per month At 45 $1, per month

Who will have more money when they retire? b) Those who save $75 a month from age 28 until they are age 65? a) Those who save $75 per month from age 18 to age 28 and then make no additional payments or...

The person who saves $75 per month from age 18 to 28 at 8% will have $236,626.41, of which $9,000 is contributions and $227, is return on investment.

The person who starts at age 28 and saves $75 per month until age 65 at 8% will have $203,730.02, of which $33,300 is contributions and $170, is return on investment. Handout #10