Let's assume 7% of the S&P 500. By the time she is 18, she will have $170,000 in that account. Wow. And if she keeps investing 5,000 a year, By the time she's 35, she will have $700,000 in that account. That's transformational. And we're not talking rich kids. We're talking the kids of a single mom. Everybody. We're talking everybody that's money that she can use to buy a home, to start a business, to get an education. (24:17–24:23)
CLAIM
Asserts that continued contributions could grow the account to $700,000 by age 35.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
