Article
Will Trump Accounts Make Every Kid A Millionaire?
Will Trump Accounts Make Every Kid A Millionaire?
Authored by Paul Mueller via The Daily Economy,
No - or at least, not by the time they finish high school.
Depending on how they're funded, a Trump Account could turn a child into a decamillionaire by retirement, or it might just be worth about $4,300 on their eighteenth birthday. As with any account, three variables dictate the outcome: contributions, rate of return, and time.
What might Trump Accounts actually be worth for children born this year? A thousand dollars takes a very long time...
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