And if you assume, let's assume a little girl, little boy born this year has the thousand dollars and then has $5,000 invested each year. If you assume historic rates of growth of the s and P500, that little baby, By the time [a child] turns 18, [they] would have $170,000 in their account [assuming historic rates of growth]. If they kept on investing 5,000 a year, by the time they turned 35, they would have $700,000 in that account. And that's for every child in America. (08:18–08:20)
CLAIM
Asserts that a child could have $170,000 by age 18 with consistent investment and historic growth rates.
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