March 18, 2005      $1000 at birth

 

This is a real quick note.  I wanted to present how much a one-time  $1000 investment at birth would grow into at the following annual rates.  The below grid does not include any taxation.  Notice how only a 1 or 2% can make a half million dollar difference at age 70.

As you look at the table below, please refer to this  long term chart of the Dow Jones Industrial Average

 

Annualized Rate of return Value at age 70
5% $ 30,426
6%  $ 59,076
7% $113,989
8%  $218,606
9%   $416,730
10% $789,747