The Power of Saving $5k Annually in a Roth IRA

If you saved $5k a year into your Roth IRA every year since you started working, how much would the Roth IRA be worth when you retire?
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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.

[@anniesshenanigans3815]

how about how much would you have if you did it for 5 or 10 years? I am 61 and need to know...

[@KatieLibby1315]

So what you are saying is that is not enough, because $1.9 million in 45 years based on inflation is not what it appears to be.