The Power of Compound Interest Annualized at 15%, doubling in 5 years, and increasing to 8 times in 15 years. 1 million becomes 8 million. In 15 years, 64 million. A 211 university student, as long as they can understand the basics and earn 1 million yuan as capital before the age of 30, is likely to retire/live full-time at 50. Even if it's an annualized rate of 10%, doubling in 7 years, quadrupling in 30 years, reaching 1 million, and changing to 16 million after 30 years, it's still fine. More than 99% of peers who graduated from 985 universities Don't buy a house for your child. At the age of 30, just give him 1 million yuan and give him a set of value investing books, such as Buffett's Investment Complete Works and Duan Yongping's Collection. He will live a good life in his lifetime. Although it's a bit outdated, an annualized rate of 10-15% is still acceptable and cannot be admitted.