"Well what if I didn& #39;t start saving and investing in my 20& #39;shttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⁉️" title="Ausrufe-Fragezeichen" aria-label="Emoji: Ausrufe-Fragezeichen">"

Then you start NOW in your 30& #39;s, 40& #39;s or 50& #39;s

"Is it even worth it to start now since I lost so much timehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⁉️" title="Ausrufe-Fragezeichen" aria-label="Emoji: Ausrufe-Fragezeichen">"

Well let& #39;s take a look and see if it& #39;s worth it to you...

[THREAD] https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
A 30 year old who opens a Roth IRA and invests $500/month into a Total Stock Market Index Fund that returns 8% annually, will accumulate:

• Age 50 = $294,510
• Age 60 = $745,179
• Age 65 = $1,146,940

Thats a potential extra $1.2 million (TAX-FREE) that you didn& #39;t have before
A 40 year old who opens a Roth IRA and invests $500/month into a Total Stock Market Index Fund that returns 8% annually, will accumulate:

• Age 55: $173,018
• Age 65: $475,512
• Age 70: $745,179

That& #39;s a potential extra $745k (TAX-FREE) that you didn& #39;t have before
A 50 year old who opens a Roth IRA and invests $583/month (catch-up contribution) in a Total Stock Market Index Fund that returns 8% annually, will accumulate:

• Age 60: $106,657
• Age 70: $343,399
• Age 75: $554,448

That& #39;s an extra $554k (TAX-FREE) you didn& #39;t have before
Sure, I get it...

It sucks that you either didn& #39;t know or did but didn& #39;t start investing in your 20& #39;s

But there is still TIME for you to make some serious financial gains for yourself and your family
You can follow @thewealthdad.
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