Question
Assume you make $100,000 every year in a 401(k) and choose no employer match. You save 5% of your income. Your annual return is 7%.
Assume you make $100,000 every year in a 401(k) and choose no employer match. You save 5% of your income. Your annual return is 7%.
How much will you have in 40 years?
Assume you make $100,000 every year in a 401(k). You save 5% of your income. Your employer matches 100% of your savings. Your annual return is 7%.
How much will you have in 40 years?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
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