{"id":1157,"date":"2018-08-14T12:31:34","date_gmt":"2018-08-14T18:31:34","guid":{"rendered":"http:\/\/blog.denverqbhelp.com\/?p=1157"},"modified":"2018-08-14T12:31:34","modified_gmt":"2018-08-14T18:31:34","slug":"future-value-of-money","status":"publish","type":"post","link":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/08\/future-value-of-money\/","title":{"rendered":"Future Value of Money:"},"content":{"rendered":"<p>Your are 25 years old, you save $100 a month until you are 65. Assume an average return of 6% You save a total of $48,000 over 40 years and it is worth $199,150. Make that $300 a month and you save a total of $144,000 that will then be worth $597,450.<\/p>\n<p>Wait until you are 45 to start saving. $100 a month for 20 years: you save $24,000 that is worth a whopping $46,204.. $300 a month would be worth $138,612,<\/p>\n<p>At 45, if you wanted to get that same $600,000 amount by the age of 65, you would need to save $1,300 a month for 20 years.<\/p>\n<p>$300 a month at 25 or $1,300 a month at 45&#8230;..which sounds more doable?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your are 25 years old, you save $100 a month until you are 65. Assume an average return of 6% You save a total of $48,000 over 40 years and it is worth $199,150. Make that $300 a month and you save a total of $144,000 that will then be worth $597,450. Wait until you [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Future Value of Money: - O&#039;Connor CPA Firm<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/08\/future-value-of-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Future Value of Money: - O&#039;Connor CPA Firm\" \/>\n<meta property=\"og:description\" content=\"Your are 25 years old, you save $100 a month until you are 65. 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