[jackcarter]

> 2% returns actually doubles your money every 10 years

I wish! More like 35 years.

7% returns will double initial investment every 10 years.

[dogma1138]

That said tho if you invest even $200 a month from the age of 20 till retirement you will have more than 1M by retirement with a decent index fund.

[ryandvm]

That said, one million dollars ain't what it used to be after 45 years...

[dogma1138]

Index funds tend to scale rather well with inflation tho.

[W-oland]

7.2%