 | MICHIGAN COUNCIL ON ECONOMIC EDUCATION |
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Monthly Investment ($)
$300
Estimated Market Return (%)
8.0%
Scenario Comparison:
• Person A (Debt-Free): Invests from Age 23 to 65 (42 Years of compound growth).
• Person B (With Student Loans): Spends 10 years paying off loans, then invests from Age 33 to 65 (32 Years of compound growth).
• Person A (Debt-Free): Invests from Age 23 to 65 (42 Years of compound growth).
• Person B (With Student Loans): Spends 10 years paying off loans, then invests from Age 33 to 65 (32 Years of compound growth).
Total Accumulated Wealth at Age 65
True Opportunity Cost (Lost Wealth)
$700,000