What a $500,000 Roth IRA Could Be Worth by the Time You Retire in 2035
Nobody owns a functioning crystal ball, but in this instance, the market's past performance is a decent indication of what's likely in the long run.
Overview
You've worked hard and made sacrifices to tuck money away in your Roth IRA. The question is, will it be enough when the time comes?
The answer to the question depends on several different inputs, not the least of which are how much you've saved up to this point and how long you have until you retire. For just a bit of perspective, though, let's assume you've managed to save half a million bucks and that you'll be retiring in 2035. You can make any mental adjustments for your particular situation from there.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.