For just a $1 a day, the oldest living American could have $89 million.
Jeralean Tailey is now the oldest living American at 115 years old.
If Jeralean invested $1.00 a day from birth, and received an average S&P 500 investment return, that $1 a day would be worth $89,023,066.00! That’s the power of compound interest when combined with getting older.
Just put into a shoebox, Jeralean would only have $41,975. Instead, that money, combined with compound interest and time (115 years) has turned into a literal fortune?
So, what will you turn $1 a day into? What’s your plan for living to 100?