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The S&P 500, over its history, has returned north of 9% per year. https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp https:/
by JMTQp8lwXL 5y ago
The S&P 500, over its history, has returned north of 9% per year.
https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp https://www.investopedia.com/ask/answers/042415/what-average...
- jedberg 5y agoSee my edit, I was talking about real returns including inflation.
- JMTQp8lwXL 5y agoThe 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.