Education Dive – Danielle Robinson
“I was lucky. High school students in Michigan are required to take one semester of economics before graduation but, in my high school economics class, our teacher Mr. Mariage also included a dose of personal finance education. He taught us about compound interest and Roth IRAs. He had us calculate the time-value of maxing out annual Roth contributions. His point was that by doing this, we could become millionaires by retirement age and the lesson stuck. I opened a Roth IRA with my first paychecks, before I had even graduated from college. I’ve maxed it out every year since and now have a head start on retirement that gives me a great sense of security and freedom. ” (more)