ONCE UPON A TIME, a hare contributed $578/mo to his MSRP account. After 10 years, no more contributions—it’s goof off time. He’s a sprinter not a distance runner after all.
At the same time, a slow and steady tortoise entered the race with a $200/mo contribution. He’s going the distance, so he just keeps on contributing all the way to retirement.
The moral of this story: At the 100k milestone, compounding can potentially begin to outpace contributions. Compounding did most of the work for the hare helping him finish ahead.