Slim Whitman
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Check out Ben and Arthur's story on Dave Ramsey's website.. See link below:
Ben and Arthur - Both save at 12% - Both save $2,000 Per Year - Ben starts at age 19 and stops at age 26 - Arthur starts at age 27 and stops at age 65
Age Ben Invests Arthur Invests
19 $2,000 $2,240 $0 $0
20 $2,000 $4,749 $0 $0
21 $2,000 $7,558 $0 $0
22 $2,000 $10,706 $0 $0
23 $2,000 $14,230 $0 $0
24 $2,000 $18,178 $0 $0
25 $2,000 $22,599 $0 $0
26 $2,000 $27,551 $0 $0
27 $0 $30,857 $2,000 $2,240
28 $0 $34,560 $2,000 $4,749
29 $0 $38,708 $2,000 $7,558
30 $0 $43,352 $2,000 $10,706
31 $0 $48,554 $2,000 $14,230
32 $0 $54,381 $2,000 $18,178
33 $0 $60,907 $2,000 $22,599
34 $0 $68,216 $2,000 $27,551
35 $0 $76,802 $2,000 $33,097
36 $0 $85,570 $2,000 $39,309
37 $0 $95,383 $2,000 $46,266
38 $0 $107,339 $2,000 $54,058
39 $0 $120,220 $2,000 $62,785
40 $0 $134,646 $2,000 $72,559
41 $0 $150,804 $2,000 $83,506
42 $0 $168,900 $2,000 $95,767
43 $0 $189,168 $2,000 $109,499
44 $0 $211,869 $2,000 $124,879
45 $0 $237,293 $2,000 $142,104
46 $0 $265,768 $2,000 $161,396
47 $0 $297,660 $2,000 $183,004
48 $0 $333,379 $2,000 $207,204
49 $0 $373,385 $2,000 $234,308
50 $0 $418,191 $2,000 $264,665
51 $0 $468,374 $2,000 $298,665
52 $0 $524,579 $2,000 $336,745
53 $0 $587,528 $2,000 $379,394
54 $0 $658,032 $2,000 $427,161
55 $0 $736,995 $2,000 $480,660
56 $0 $825,435 $2,000 $540,579
57 $0 $924,487 $2,000 $607,688
58 $0 $1,035,425 $2,000 $682,851
59 $0 $1,159,676 $2,000 $767,033
60 $0 $1,298,837 $2,000 $861,317
61 $0 $1,454,698 $2,000 $966,915
62 $0 $1,629,261 $2,000 $1,085,185
63 $0 $1,824,773 $2,000 $1,217,647
64 $0 $2,043,746 $2,000 $1,366,005
65 $0 $2,288,996 $2,000 $1,532,166 |
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