This assignment helps students see how they can acquire $1,032,850.00 by age 35 if they invest in the stock market today. It also shows how poor their friends will be if their friends, instead, take out large student loans that require payments until age 43.
As ever, the key to making $10,000,000 by the time you’re 70 is to start investing today, not seven years from now.
Student love these eye-popping and yet highly realistic scenarios. At our school, we have a 25-year-old teacher on track to be a millionaire by age 35—and many more on track to be debt free by age 43, at which point they will invest—but probably foolishly, as the scenario outlines.
This assignment doesn’t just blow students’ minds—it changes their lives. Enjoy!