From the MSN Money article…
“If your money is invested in common stocks and you achieve the average compound annual rate on large-capitalization U.S. stocks, 10.7%, your account will grow to $9,378 at the end of the fourth year. You will be 20 years old. Invested in the same way, with no additional savings, the account will grow to:
$25,917 by the time you are 30
$71,625 by the time you are 40
$197,943 by the time you are 50
$547,037 by the time you are 60
And $1,114,423 by the time you are 67
And you will have started and finished all of your saving before turning age 21.
I wish I’d thought of that 25 years ago.
[Update] I left out the initial investment amount of $2,000.