The real interest rate varies, but let’s take the example of 8 percent annual growth. (That is a little more than the average stock market return since its inception—again, after adjusting for inflation.) At that rate, your $100 becomes $147 in five years. In ten years, it becomes $216—more than enough to buy two of whatever experience you thought about buying now. The question is: Should you wait nine to ten years to get two of the experiences you could have today?
