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5,000 at 18 is going to be >> for someone who has never invested before. Yeah.
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>> Which would probably be the majority of the audience. How do we simplify even
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further? >> Set it and forget it. Keep putting this little money away on the side. It's
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going to compound at 18. If you put away $5,000, if you got a 10% return on that
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money >> every year, >> let's say every seven years it would double. 50 years is seven doubles. Fast
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forward to when you're 68, 50 years later. You're going to have 100 times
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what you started with. So the 5,000 at 18 is going to be 500,000. Okay? At 19, if you put money away,
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that's another 500,000. 20 you might have 10,000 you can put in. So you can start seeing that over a
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lifetime, you know, you're going to be Having too much money.