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Podcast: Everyone's Talkin' Money
Episode: How To Get Started Investing & Building Wealth On Any Budget With Tori Dunlap
Description:
Let me tell you an investing story that makes the hairs on my arms stand up. I had been great at investing in a 401K from age 24 to 34. It was my ex-husbandβs 401K, but he was the one with the great company match (aka free money). That account grew to $150,000. But then we got divorced and that account vaporized. Get this though, if we had kept that account, and contributed just $15,000 each year over the last 10 years, earning 10% on average that account would be worth close to $800,000 now. Heartbreaking, but the moral of the story is that investing wo...