The initial investment more than doubles! Chances are this is not enough for anyone to retire on alone, but if that same 50-year-old contributed $6,000 every year for 10 years, there would be a substantial amount of money available. Over time, compounded interest can multiply your Roth IRA investment.et's look at the same scenario for someone who is 50 years of age. This person contributes $6,000 to a Roth IRA one time, and at an 8 percent rate of return this is what it looks like over a 10-year period:
Distance from Covington, LA to Gretna, LA 45 Miles or 73 Km. How many hours? 56 mins
Covington is a city in Kenton County, Kentucky, in the Upland South region of the United States. It is located at the confluence of the Ohio and Licking rivers. Cincinnati, Ohio, lies to its north across the Ohio and Newport, Kentucky, to its east across the Licking. Part of the CincinnatiâNorthern Kentucky metropolitan area, Covington had a population of 40,640 at the time of the 2010 U.S. census, making it the 5th-most-populous city in Kentucky. It is one of its county's two seats, along with Independence.