Sound Investing cover image

Funding a child’s retirement

Sound Investing

00:00

Is She Qualified for a Roth IRA?

The $10,000 investment could in fact, and we in the article, you'll see this. You'll see that there's this study that shows if you got a 12% compound rate of return. By retirement, that account could be certainly could be worth well over. We have money in that account that if it continues to grow, will actually be money left over. That never gets into the Roth IRA. Sure. The distributions over 30 years Could be worth $46,000,000. And the imbalance for the heirs and charity, charity and childrencould be $31,000,00.

Play episode from 16:17
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app