“My financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?”
Quote by Cal Thomas
Author
Cal Thomas
Cal Thomas, born in 1942, is a renowned columnist whose work spans across politics, religion, and social issues. He is recognized for his insightful analysis and sharp commentary. more