Here’s How Trump’s $1,000 Baby Bonus Could Make Your Kid a Millionaire
Chicks on The Right Show w Mock & Daisy
Radio America
4.4 • 1.8K Ratings
🗓️ 20 July 2025
⏱️ 16 minutes
🧾️ Download transcript
Summary
Today on Chicks on the Right, we're joined by our favorite financial expert and show sponsor Zack Abraham from Bulwark Capital to break down Trump’s bold new baby savings account plan. Every child born from 2025 to 2028 gets $1,000 from the federal government—and with a little smart investing and compound interest, that could grow to six or even seven figures by adulthood. We talk about how the plan works, what it means for the future of Social Security, and whether this "Trump Account" could be the start of a real reform legacy. Plus: why savings bonds are out, index funds are in, and how you can make the most of this rare opportunity.
Don’t miss it! —register free for the “Halftime” webinar on July 24th at Knowyourriskpodcast.com
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Transcript
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| 0:00.0 | Welcome to another episode of The Chicks on the Right podcast where we talk to our friend and sponsor of the show, Zach Abraham from Bullwork Capital Management. |
| 0:07.0 | And today we are going to talk about a little component of the one big beautiful bill that recently just passed and that Trump signed. |
| 0:15.3 | And it included this little provision where every baby born between 2025 and 2028 gets a $1,000 Trump account |
| 0:27.9 | set up by the federal government. And what the projections are, at least according to Fortune |
| 0:33.3 | Magazine, are that if parents chip in a little bit, maybe a few hundred bucks a month, that over |
| 0:39.3 | time, assuming the market does what the market does when it behaves, that could potentially |
| 0:45.5 | grow into like a hundred grand by the time these kids reach 21 years of age and maybe even as |
| 0:51.9 | much as two million dollars by retirement, are those figures |
| 0:57.1 | accurate? |
| 0:57.7 | Yeah, they are and it's like behold the power of compounded interest, right? |
| 1:03.7 | So they are in compounded interest is a really interesting thing because, you know, you think |
| 1:10.6 | it's just kind of basic mathematics. |
| 1:12.2 | Everybody can understand it. |
| 1:13.1 | But there's been like behavioral studies done on this, the human brain for as a very hard time, |
| 1:19.1 | comprehending, compounded. |
| 1:21.0 | It's my brain. |
| 1:21.9 | I'm the problem. |
| 1:23.1 | Okay. |
| 1:23.5 | Yeah. |
| 1:23.7 | No, I, I, I, well, most people do. |
| 1:27.4 | Most people do is because it's just we live in a linear world. And yeah, right, I, I, I, well, I, most people do. Most people do is because it's just, we live in a linear world and that, you're right, |
| 1:31.0 | it grows exponentially and it just kind of throws you off. |
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