Roger30236
Confused about dryer sheets
- Joined
- Nov 3, 2009
- Messages
- 5
I am currently on a flight back from Las Vegas to Atlanta, Georgia and I was talking with a passenger next to me about retirement.
He recommended Roth IRA and I was curious what you guys think.
And could you tell me if this is current math and if so, how is this.
After 24years of putting 1k in a retirement fund each of 6 years.
Divide your interest percent into 72. 12%/72=6years double you money.
1k
2k
3k
4k
5k
6k
7k
9k
12k
16k
21k
27k
34k
43k
55k
71k
92k
119k
153k
196k
251k
322k
414k
533k
He recommended Roth IRA and I was curious what you guys think.
And could you tell me if this is current math and if so, how is this.
After 24years of putting 1k in a retirement fund each of 6 years.
Divide your interest percent into 72. 12%/72=6years double you money.
1k
2k
3k
4k
5k
6k
7k
9k
12k
16k
21k
27k
34k
43k
55k
71k
92k
119k
153k
196k
251k
322k
414k
533k