eli5: How do IRA’s gain money overtime?

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From what I understand, you put money into this account (either post or pre taxed based upon what type of ira ur doing) and you invest it in certain things. But what I don’t get is how does this mean your money is consistently going up? Wouldn’t the money increase or decrease based upon the stuff you invested in, since it isn’t concrete money but invested money.

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Anonymous 0 Comments

It’s not *guaranteed* to gain value, but if your investments are sensible, over the decades you’re planning for, it really should. There **will** be down years, but the good years should more than make up for them.

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