Gerstner calculates that $1,000 plus $50 monthly becomes $50,000 at 18 and $175,000 at 30.
“If you start with a thousand and just add $50 a month, that's $50,000 at 18. That's a $175,000 at age 30.”
Gerstner describes a savings scenario starting with one thousand dollars matched at birth plus ten dollars weekly.
“If you start with $1,000 and it’s matched at birth and you save… $10 a week.”