There’s time to delete this

Pretty sure that's the investment amount not what you are making

This is so wrong it’s funny

Or just invest in Bitcoin, Dogecoin and Tesla for the next 4 years

Ummm…who’s gonna tell him 🫣

Ever heard of the magic of compounding interest? 🤦

Contributing 7k a year, with a modest 6.2% average return. Starting at age 20. Will at the age of 58 be worth around 1 million dollars. Roughly 73% of that million will be from appreciation, and 27% will be from the yearly contributions

This is how compounding interest works! Let's say you get the average of 10% (you can beat that) for 40 years contributing $7000 a year. This would be a grand total of $3,414,962.68 that in a Roth IRA would not be taxed (as long as you withdraw after age 59 1/2)

Yup

You Cleary don’t understand how it works