how much you will have by age 60 if you deposit $10 at the end of each month into an IRA?

1 Answer

  • glenn
    Lv 7
    8 years ago
    Favorite Answer

    What will you invest the IRA in? If it is in a stock fund then it would depend on how much that goes up or down (and when it goes up or down). If it is in an interest bearing account- it would depend on what the interest rates are and when they go up or down. I have heard of dozens of ways to invest the money- all has some sort of risk and all has some sort of potential rewards.

    If you want to know how much $10 times 12 times how many years- then you can just figure that based on how old you are now.

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