Day 5 Challenge: For today, WINSDAY, Adopt the Sweet 16 Mindset!

🚀 Day 5 Challenge: The 16-Year WIN Mindset 🚀

We’re five days into the March Forward Savings Challenge—and today, we’re thinking LONG-TERM.

💡 What if I told you that just 16 years of maxing out your Roth IRA or Roth 401(k) could set you up for a six-figure or even seven-figure future?

Have a look at the attached chart that shows the results of maxing out your Roth IRA @ $7,500/year or Roth 401(k) at $23K/year with a moderate but historically accurate, annualized rate of return of 7.5%…That could be YOU* in 16 years!!

It’s not magic—it’s MATH.

Let’s break it down:

✅ Max a Roth IRA ($7K/year) for 16 years at 7.5% ROR = ~$218,800 from a total contribution of $112K(!)

✅ Max a Roth 401(k) ($23K/year) for 16 years at 7.5% ROR = ~$718,900 from a total contribution of $368K(!)

💥 And that’s without adding another penny after Year 16! Let compound growth do the heavy lifting from there.

🔥 Your Challenge Today:

1️⃣ Imagine yourself 16 years from now. Would Future You be thanking you for starting or increasing contributions today?

2️⃣ Drop a Week 1 WIN in the comments! (A small victory from this challenge—less spending, more saving, a mindset shift, progress on the bathroom scale.)

Let’s stack small wins into BIG results. Your financial future starts NOW!

#MarchForwardSavings #RothIRA #Roth401k #FutureYou #WealthBuilding

*Bonus exercise…How do become YOU X 2 and DOUBLE the size of your portfolio? Put a ring on it and get MARRIED already, will you!?! And try really hard to STAY THAT WAY!

**For kicks and giggles I provided an animation of what happens if you kept contributing to your Roth IRA (blue) as well as if you stopped altogether (dotted orange). Either way, no spouse required. You a MILLIONAIRE, baby! 💰💰💰

9 comments

millionaireME

skool.com/millionaireme-marchforward

Encouraging and Celebrating One Another’s Success Journeys Toward Wealth and Wellness via Community, Coursework, and Collaborative Technology

Leaderboard (30-day)