From: "PeterL" 
Newsgroups: misc.invest.financial-plan
Subject: The power of compounding.
Date: Fri, 12 Jan 2007 11:15:31 -0600
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I am cleaning up some of my accounts and doing a rollover from my TIAA
accounts to an IRA.  I have a couple of TIAA accounts left over from a
couple of employers I worked for 30 years ago.  These accounts were
pretty much ignored and left to fester.  But now they are worth almost
6 figures.  This is without adding any money for 30 years and very
little management.  Had I continued to work for those employers and
managed those funds more intellegently, I can easily have a portfolio
of 7 figures.  These were not jobs that paid a high salary.  So anyone
who continue to save money and manage money throughout their career can
easily retire with a pretty hefty portfolio.