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Saturday, June 30, 2007

How To Save Half A Million Dollars?

According to the U.S. Commerce Department, 40% of American households believe they could accumulate $500,000 more easily through the lottery than by savings.

If only you could save $12,000 per year and invested it at 12% in a tax-defferred account, you'd get there about 14 years! Sounds like a more fool-proof way than playing the lottery!

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