Monday, May 01, 2006

Work One Summer at Age 16, And Retire a Millionaire at 67


What? What is this headline about? I found a very interesting article on MSN.com. Did you know that if you worked only one summer when you were 16 years old, and only made $2,000 during the summer, and if you invested it in a Roth IRA and didn't touch the money until you were 67 years old, your initial $2,000 investment would be worth over $1.1 million dollars? How? Check out this article on MSN.com. It's fascinating stuff.

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