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by JMTQp8lwXL 1792 days ago
The S&P 500, over its history, has returned north of 9% per year.

https://www.investopedia.com/ask/answers/042415/what-average...
1 comments
jedberg 1792 days ago
See my edit, I was talking about real returns including inflation.
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JMTQp8lwXL 1792 days ago
The nominal return (9%) is:

40000 * (1.09 ^ 70) = $16,669,203.

The first calculation uses 7%. It is the real return. You'll actually have $16m, but the purchasing power would be $4.5m in 2021 dollars.

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