Thursday, June 29, 2006

I'm just saying...

From today's "Motley Fool" newsletter about increasing your retirement nestegg:

"Imagine that you're 35 years old, you smoke one pack of cigarettes a day, and each pack costs you, on average, about $5. Multiply $5 by 365 days, and you're looking at an annual cost of $1,825. If you took this $1,825 and invested it in the stock market, earning the historical average return of 10% per year, in 30 years you'd have $31,845. If you invested $1,825 in the market each year for 30 years, you'd end up with more than $300,000! All that from quitting smoking."

1 comment:

Badger said...

Isn't that about how much a Starbucks whateverthefuck costs, too? Damn, I don't smoke OR drink caffeine -- I should be totally loaded by now! But I spend my cigs and coffee money on vodka and pinot instead.

Oh, wait, I'm probably not helping your cause here. Er, ignore me.