Question
Suppose that you open your Roth IRA account on 01/01/2025, and that you put $2,000 into your Roth IRA account every January 1st starting in
Suppose that you open your Roth IRA account on 01/01/2025, and that you put $2,000 into your Roth IRA account every January 1st starting in 2025 until you retire on 12/31/2070.
If your IRA account earns an average rate of return of 10% per year from 2025 through 2070, how much money would you have in your Roth IRA account when you retire on 12/31/2070?
Show your calculation.
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Financial Trading And Investing
Authors: John Teall
3rd Edition
0323909558, 978-0323909556
