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Search resuls for: "Brittney Sturgis"


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In their 20s, Air Force officers Quinn and Brittney Sturgis amassed close to $500,000 in savings by investing nearly a quarter of their income. Investing early and consistently pays offQuinn learned early on how starting young allows investments to grow exponentially. That lesson introduced him to the concept of compound interest — earning returns on both your original investment and the growth it generates over time. "A big takeaway from our story is the power of compound interest," Quinn says. Investing $50 a month in your 20s would grow to $132,006 over 40 years at a 7% annual return, according to CNBC Make It's compound interest calculator.
Persons: Quinn, Brittney Sturgis, Roth, Theo, , Brittney, Quinn Sturgis, Kevin Heinz Organizations: Air Force, Travis Air Force Base, CNBC, Reserve, Corps, Medical Service Locations: California
At just 30 and 27 years old, Quinn and Brittney Sturgis, a married couple serving in the Air Force, are on track to retire in their early 40s — if they choose to. "We're not necessarily focused on trying to hit a certain number by a certain age to completely retire," says Quinn, an Air Force pilot. Both officers are stationed at Travis Air Force Base in Fairfield, California, earning just over $263,000 in combined salary and paid military benefits. Of course, military service comes with trade-offs. The rest of their contributions are split between individual Roth IRA accounts, a taxable brokerage account and a 529 college savings plan.
Persons: Quinn, Brittney Sturgis, Sturgis, they've, we've, Theo, we'd, Brittney, Quinn Sturgis, Kevin Heinz, Theo Housing Organizations: CNBC, Air Force, Travis Air Force Base, Medical Service, Air Force Reserve, Corps, University of Texas, Air Force ROTC, Navy, National Honor Society, Junior ROTC, Veterans Affairs, Air, Alaska Food, Theo Insurance, Disney, YouTube, Amazon, Amazon Prime, Savings, Michelin Locations: Fairfield , California, Agoura Hills, Los Angeles, Texas, Austin, Ewa Beach, Hawaii, Disneyland, Alaska
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