The initial investment more than doubles! Chances are this is not enough for anyone to retire on alone, but if that same 50-year-old contributed $6,000 every year for 10 years, there would be a substantial amount of money available. Over time, compounded interest can multiply your Roth IRA investment.et's look at the same scenario for someone who is 50 years of age. This person contributes $6,000 to a Roth IRA one time, and at an 8 percent rate of return this is what it looks like over a 10-year period:
Distance from Covington, LA to Gretna, LA 45 Miles or 73 Km. How many hours? 56 mins
Age Covington city Virginia Under 22 years 2 373 22 to 24 years 3 1,064 25 to 34 years 11 6,577 35 to 44 years 9 6,546 45 to 54 years 13 7,107 55 to 64 years 8 6,713 65 years and over 2 1,802 Unknown Gender Covington city Virginia Male 36 16,715 Female 12 13,467 Unspecified Race Covington city Virginia White 39 14,965 Black 8 11,584 American Native 173 Asian 759 Other 1,087