Neat article! I was surprised by this but the math seems to work:
The important thing is for this young generation to get started now and take advantage of the power of compounding. The earlier they get started, the higher their assets will be when they get ready to retire. If my parents had invested $1,000 for me when I was born in 1952, it would be worth like $945,000 — something like that. That’s the power of compounding. That’s without adding another cent to it.