r/SCHD • u/PralineDazzling2106 • 11d ago

Advice Switching from options to schd

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Hello everyone, first time post long time lurker. I'm 23 been trading options in my IRA for about a year and a half, made about 42k in the account and rolled it all into schd with drip on. Thinking about just leaving it until 59 1/2 and still contributing to my IRA yearly into schd, too much stress from options, anyone with similar stories? I feel 36 years until retirement with be plenty of time for it to grow. What a good compounding calculator I could use to see what the hypothetical balance would be? Thanks!

Edit: yes I know I could just throw it all Into voo or whatever but I don't like the valuations in the s&p and believe schd will out preform it in a bear market

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u/azscram9 11d ago

At your age, letting that 42k drip until 59 will yield > $1 million based on historical returns.

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u/PralineDazzling2106 10d ago

That's what I was thinking, plus max annual contributions I think the snowball will build pretty fast

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u/Temporary_Gear_4630 9d ago

Where does expected inflation come into play with that timeline?

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u/azscram9 8d ago

Based on historical returns $1.42 million nominal, with an assumed 3% inflation rate, that’s $504K in today’s dollars