The Power of Compounding Interest

Ficha: If you put six thousand a year an from, like, the example that i gave was, like, from 14 to 20. By the time there's 60, then e have a million dollars. Ficha: Even if it's not six dolrs, whatever, you can do. But thousans o only like four years of investing a and you know, just by the compounding interest and leaving it in for such a long period of time. He says kids don't pay any taxes on it when they take the money out. So now you sett up the, they set up their retirement account when they are young.