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charnisha
Oct 24, 2007, 07:00 AM
I have $42,180.53 in a brokerage account, and I plan to contribute an additional $5000 to the account at the end of every year. The brokerage account has an expected annual return of 12%. If my goal is to accumulate $250,000 in the account, how many years will it take me to reach my goal.

Duane in Japan
Oct 24, 2007, 07:57 AM
I will be waiting for the real answer, I made 250,000 in Japan working two jobs for 10 years, no investments, I also blew 3,000 a month drinking for awhile too. That is why I still live here.