Listen "Why you should invest at least 15% of your gross salary?"
Episode Synopsis
Compound Interest Calculator 30- Years Investment Results (New Teacher 9/2023 NYC Public Schools 61,070) S&P 500 30 year average return (10%)Percent | Monthly |Annual Rate | 30- Year Invested | contribution |of Return (%)| Total 15 | $763 | 10 |$1.52 million 10 | $509 | 10 | $1 million5 | $254 | 10 | $505,810Fixed return (7%)Percent |Monthly |Annual Rate |30- YearInvested |contribution |of Return (%) | Total 15 | $763 | 7 | $870,69110 | $509 | 7 | $580,8415 | $254 | 7 | $289,850Fixed return (8.25%)Percent |Monthly |Annual Rate |30- YearInvested |contribution |of Return (%) | Total15 | $763 | 8.25 | $1.27 million10 | $509 | 8,25 | $729,9675 | $254 | 8.25 | $364,266
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