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If at 50 years old I invest $1,000 in a mutual fund that rather consistently yields 12%, how much will I have when I am
If at 50 years old I invest $1,000 in a mutual fund that rather consistently yields 12%, how much will I have when I am 62 years old? What if I invest the same amount at 38 years old and then retire at 62 years old? and again, what if I invest the same amount at 20 years old, and retire at 62 years old? Use the rule of 72.
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