ST Alpha - "No, but that makes more sense. Does that calculate on the lump sum, or the gradual contributions? -- nm" (Reading a Post)

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In response to "It works if you can yield 9.87% annually over a 45 year work life." by spamlet

No, but that makes more sense. Does that calculate on the lump sum, or the gradual contributions? -- nm

Posted by Beryllium (aka grayman) Oct 8 '14, 13:49

(No message)

Responses:

If you save $100 per month every month and average a 9.87% rate of return, you'll have $1m at the end. - spamlet Oct 8, 13:56 1
- less than historic stock market average returns -- nm - zeitgeist Oct 8, 14:05

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