22% for about $1M. Not particularly likely.

--
"j" ganz @@
www.sailnow.com

"Dave" wrote in message
...
On 22 Oct 2004 20:55:50 GMT, (SAIL LOCO) said:

It's my understanding that if a 22 year old puts $2400 annually in an IRA
for
20 years and stops he will have a million at 62.

Can't be determined without knowing the interest rate.