RE: 12% What does that really mean?

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LOL well I am a lot older so I need to keep flowing money in there.

However, think about it from a younger person's standpoint. What a great retirement fund? Earning 12% when throwing a few grand in a year and one will be in tremendous position.

This article stipulates how this ends up.

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Yeah, it really is amazing. I've got to get an account set up for my daughter and throw some in there. I mean, she's 12. $1000 is over $1M in 60 years. And that's only $1000! It really does just make "cents". :-)

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