If you assume the historic rate of growth of the s and P500, which is 7% a year, by the time that little girl is 18, she will have $170,000 in that account. And if she keeps saving, By the time that little girl is 35, she will have $700,000 in that account. That is game changing. And we're not talking the children of Michael and Susan Dell, the children of Donald Trump, the children of people of great success. (23:35–23:43)
CLAIM
Asserts a long-term projection of account growth to $700,000 by age 35.
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