Need a little good news? Check out this nifty tool from the NYT, which calculates how long it may take for your investments to return to their peak levels.
What does the calculator tell me? I really need to keep contributing to my portfolio in order for it to move anywhere in the next 30 years (read more about my investments here and here.)
For anyone who enjoys financial calculators (maybe enjoy isn't the right word), check out this one on U.S. News: "What Will It Take to Reach Your Investment Goal?" It allows you to enter your primary investments, such as large companies, small companies, etc. And here's how to calculate how long it may take you to reach the millionaire mark.
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