What Could Their Roth Be Worth?
A 16-year-old who mows lawns for $3,000 and puts it all into a Roth, even just once, gets decades of compounding interest before they've paid a dollar in rent. See what that actually adds up to.
Assumes contributions stop after the years entered and the balance keeps growing untouched until age 65. Real markets don't move in a straight line — this is a simplified illustration, not a guarantee or investment advice. Talk to a financial advisor before opening an account.