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Author: mazske Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5068  
Subject: Re: School Date: 9/10/2003 6:00 PM
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The example of the twins that start their IRAs at different times stuck with me (lesson: start NOW).

I have seen this example so many times, but now that I want to find it I can't. Does anyone have a link to this example? I know I just read it again recently somewhere, but I can't remember where.

Thanks for all of the suggestions from all of the posters.

I am in General Instructor School and the class is made up of police officers, dispatchers and jailers. I have no idea as to the financial knowledge of any of them, but I think I can safely assume most or all do not have much knowledge in the way of FIRE.

A structured lesson of 20-25 minutes with the appropriate introduction, objective reading etc means I really do not have that much time to talk about the various subjects. I hope to touch on several things including the concept of FIRE, compound interest, 401k/IRA/457/403B etc, the 4% rule and that's probably about it.

I need to find the figures for the twins example as that should impact somebody in the class. Thanks.
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