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Now let's go through the same financial exercise using a savings of $90 a month or $1080 a year (about $3 a day).While your current
Now let's go through the same financial exercise using a savings of $90 a month or $1080 a year (about $3 a day).While your current savings (or starting balance) is $0, you create a automatic deposit of $90 a month starting with your first paycheck.In other words, assume you directly deposit $90 a month into a well-diversified investment account earning 7% interest compounded yearly from now until you retire at age 67.How much would you have in the account 45 years from now when you retire at 67?
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