The Roth IRA is one of the most powerful tools to build wealth.
Here is the power of maxing out a Roth IRA in an S&P 500 Index Fund:
10 Years: $118,000
20 Years: $434,000
30 Years: $1,332,000
40 Years: $3,881,000
50 Years: $11,120,000
Which you can withdraw 100% tax-free at age 59.5!
(In the last ~100 years, the S&P 500 had an average annual return of ~11%, with dividends reinvested)
Andrew Lokenauth /
npub144…450vp
2024-01-04 21:52:44
Author Public Key
npub144rtt3jc6225m4gcpeftdgekm9rsssrwspnkwtyvqampfk6wmzvs4450vpPublished at
2024-01-04 21:52:44Event JSON
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"content": "The Roth IRA is one of the most powerful tools to build wealth.\n\nHere is the power of maxing out a Roth IRA in an S\u0026P 500 Index Fund:\n\n10 Years: $118,000\n20 Years: $434,000\n30 Years: $1,332,000\n40 Years: $3,881,000\n50 Years: $11,120,000\n\nWhich you can withdraw 100% tax-free at age 59.5!\n\n(In the last ~100 years, the S\u0026P 500 had an average annual return of ~11%, with dividends reinvested)",
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