iPhone vs. $17K In Your 401K
You've been eyeing that new iPhone 13, right? Seriously, what's $1,000 when you're talking about something you use every minute of the day? Here's what: the thousand dollars you fork over to Apple would balloon to $17,000 in 30 years--if you invested it in a retirement account, per an article in today's Times. That's worth considering before you make any big purchases. Hmm. Louis Vuitton OnTheGo tote ($3,400) or $57,800 in three decades? Made you think--even if you still want that bag.