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Betty Knows Finance: What $100,000 Invested Once Could Become

Age InvestedValue at Age 65 (6%)Value at Age 65 (8%)Value at Age 65 (10%)
20$1,630,000$4,660,000$13,780,000
25$1,220,000$3,170,000$8,350,000
30$912,000$2,170,000$5,050,000
35$681,000$1,480,000$3,050,000
40$508,000$1,010,000$1,840,000
45$379,000$685,000$1,110,000

Betty Knows Finance: The Cost of Everyday Habits Over 30 Years

Daily HabitDaily Cost30-Year Cost30-Year Cost Invested at 8%
Coffee Shop Drink$5$54,750$227,000
Fast Food Lunch Upgrade$8$87,600$364,000
Convenience Store Stop$10$109,500$455,000
Energy Drink$4$43,800$182,000
Premium Streaming Service$0.60$6,570$27,000
Lottery Ticket$3$32,850$136,000

Betty Knows Finance: Insurance Claims People Actually File

Claim TypeShare of Claims
Wind & Hail Damage40%
Water Damage & Freezing24%
Theft & Property Damage10%
Fire & Lightning8%
Liability Claims2%
Medical Payments1%
Other Causes15%
Event People Fear MostRelative Frequency
House FireLow
Tornado Destroying HomeVery Low
Water Leak DamageHigh
Roof DamageHigh
Liability LawsuitModerate
Wind & Hail DamageVery High

Betty Knows Finance: How Long $100,000 Lasts in Retirement

Annual SpendingYears Until $100,000 Is Gone
$20,0005.0
$30,0003.3
$40,0002.5
$50,0002.0
$60,0001.7
$80,0001.3
$100,0001.0

Betty Knows Finance: Millionaire Next Door Statistics

CharacteristicPercentage of Millionaires
Self-Made (Not Inherited)79%
Own Their Home90%
Married88%
Small Business Owners33%
Drive Used Vehicles61%
Invest Consistently for 20+ Years93%
Avoid Carrying Credit Card Debt76%
Live Below Their Means94%
Budget Regularly84%
Have a Written Financial Plan72%
Government Assistance
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