Started By
Message

re: Trump accounts can grow to $191k from age 0-18 & over $2 million by retirement

Posted on 12/3/25 at 3:23 pm to
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 12/3/25 at 3:23 pm to
quote:

1200 bucks
Sounds like you don't need to save then. Seems to me that putting 5K a year into a savings account pre-tax is a good thing. My guess is no matter what, you'd be against what the Bad Orange Man did.
This post was edited on 12/3/25 at 3:40 pm
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 12/3/25 at 3:39 pm to
If you put in the max each year for 18 years, you'd have invested 91K (pre tax) with the initial 1K from the Government. The stock markey has historically produced a 10% return long run. The money will be almost 16 Million at 62....
Posted by CA Jones
Member since Jan 2021
324 posts
Posted on 12/3/25 at 3:47 pm to
The returns in the S&P 500 index for the last ten years have averaged 14.4 percent per year. At that rate , you would double your money every 5 years.
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram