How much will you have if you save $1 per day?
Sounds easy to save $1 per day, doesn't it? Check out this table to see what it can grow to!
If you start saving $1 per day when your child or grandchild is born, and this is continued for 60 years, it is possible they might have enough to retire just from the $1 per day. Note that this table is not referring to tax-deferred retirement accounts, but to deposits to a savings, brokerage or other non-registered account.
If you can save $3 per day, just multiply everything above by 3, or if you save $5 per day, multiply the above numbers by 5, etc.
Try our Annual Income Calculator to see what annual income will be provided by your investments.
Tax Tip: Pay yourself first.
Revised: June 03, 2014
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