Tag Archives: million dollars a year

This child will live to 120 years, and could earn a million dollars a year!

This National Geographic cover from May 2013 feature various babies with the heading “This Baby Will Live to 120.”  With that in mind, let’s talk about the power of compound interest. A one time deposit of $4,000 into a mutual fund would equal $123,948,000 based on the math shown in this video. A person living to […]