When they retired at the age of 55 they would have £100,000 in that account to retire with.

So it got me thinking about the power of compounded interest and I thought id post some figures for you.

Enjoy :

1% return a day on your capital - your capital DOUBLES every 71 days.....

2% return a day on your capital - your capital DOUBLES every 37 days !

3% return a day on your capital - your capital DOUBLES every 26 days.....

4% return a day on your capital - your capital DOUBLES every 20 days !

5% return a day on your capital - your capital DOUBLES every 17 days.....

6% return a day on your capital - your capital DOUBLES every 13 days !

Of course this is all dependent on you reinvesting all of your returns - but even so :

1. If you started trading with £10,000 and averaged a 1% return every day

2. Reinvested that return and got another 1% the next day ect.

3. Worked 5 days of the week, 52 weeks of the year!!

Then you would have £1,000,000 in 1 year and 10 months..........................

So come on - lets all make a million!!!