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Thursday, April 11, 2013

Retirement Caps and Budget Politics

... It is! But it's not impossibly hard to get to $3 million, thanks to the magic of compounding interest. By fully maxing IRA contribution levels ($5,500 until age 50 and $6,500 thereafter) a 25 year-old, starting now and annualizing 10% returns, would ...

http://www.forbes.com/sites/larahoffmans/2013/04/11/retirement-caps-and-budget-politics/

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