Average annualized return rate for S&P is about 10%. $8/month x 47 years @ 10% = 100k roughly. Try this: https://www.daveramsey.com/smartvestor/investment-cal

Average annualized return rate for S&P is about 10%. $8/month x 47 years @ 10% = 100k roughly. Try this: https://www.daveramsey.com/smartvestor/investment-calculator https://www.daveramsey.com/smartvestor/investment-calculator