That’s a whole retirement fund. Invest $38k when the kid is born, assuming an average of an 10% return (from the S&P 500), not adding another dime to the account, leaves them when $18.6m when they’re 65. They’d be a millionaire by 35.
In 100 years it’s $523m.
That’s one expensive domain when looking at the opportunity cost.
That’s a whole retirement fund. Invest $38k when the kid is born, assuming an average of an 10% return (from the S&P 500), not adding another dime to the account, leaves them when $18.6m when they’re 65. They’d be a millionaire by 35.
In 100 years it’s $523m.
That’s one expensive domain when looking at the opportunity cost.