A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.
Sunday, May 08, 2005
I put this chart together using Excel to illustrate how important rate of return is in reaching financial goals. The chart assumes you are investing $100 per month at different rates of return. I'm sorry for the poor quality of the chart. I don't post a lot of graphics and I'm afraid I'm not very good at it. If any of you have any tips, please comment.