Simple Math for Saving Part 2

If someone pays $100,000 of income taxes every year for 30 years and then retires for the average retirement period of 20 years, and they could have invested those lost dollars at just five percent return. Imagine how much money they could have saved?

The answer is a staggering $6.9 million by age sixty-five or $20.4 million during their lifetime.

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Bob Nienaber standing in front of grey wall