How Rich Would You Be Now?

What if you parents taught you to invest 20% of every dollar you received from when you were 5 years old?

Birthday money, your first job, all the way until today?

Let's see how wealthy you would be if you had adopted this rich mindset.

For this calculation, assume 10% return on your investment, as this has been the AVERAGE annual investment return of the US stock market for over 100 years.

To make it simple, let's say that you didn't start investing until you were 22 years old. Let's say you made $32,000 a year from age 22 until age 65, and NEVER got a pay increase.

Use the following calculator and plug in the numbers below: https://www.moneychimp.com/calculator/compound_interest_calculator.htm

Annual addition = $6,400 (20% of $32,000)

Years to grow = 43

Interest rate = 10%

Compound interest = 12 time(s) annually

Calculate = $4,170,500.87

You read that right. You would have over $4 million by the time you were 65 years old.

Does this surprise you?

Dr. Brad Klontz

P.S. If you pre-order my new book, Start Thinking Rich, you'll get complimentary access to my Start Thinking Rich Community and upcoming Masterclass (a $4,997 value). Here's the link to learn more: https://startthinkingrich.com/bgroup