IRA Contribution

Contributions made only between ages of 22–30 (9 years)

•$2,000 contributed each year
•Total investment of $18,000
•At an interest rate of 9%, by age 65 will have $579,471

 

Contributions made only between ages of 31–65 (35 years)

•$2,000 contributed each year
•Total investment of $70,000
•At an interest rate of 9%, by age 65 will have $470,249

Leave a Reply