21 Jul How many of us would like to accumulate a cool million dollars
How many of us would like to accumulate a cool million dollars by the time we retire? Money doesn’t buy happiness but it sure does pay the bills.Go to the CNNMoney.com web site and play with the Millionaire calculator. https://money.cnn.com/tools/millionaire/millionaire.htmlEnter your current savings, contribution, and average return and the result will indicate how long it will take for you to accumulate your first MILLION. Play with several of the values like savings per month and expected rate of return and notice how the number of yours changes.Discuss with your fellow classmates what you found by this exercise. Where you surprised? Are you on track? This can be an eye opening exercise.
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