The cost of saving for retirement Delaying

18.13
The cost of saving for retirement Delaying -

"The eighth wonder of the world is compound interest."

"The eighth wonder of world is compound interest. "

do you know whose quote is?

is Albert Einstein. And here's why: If you recorded a $ 100 a month, unlike what you would have in 65 years (assuming a hypothetical 5% rate of return, which varies over time, especially for long investment term) if you started 20 years would be more than double the amount if you started 15 years later. Eighth wonder, indeed.

retirement chart blog

And what happens to those who depend on you if you die before you reach your goal? Did you consider life insurance as a way to provide a goal of self-fill for your family to be supported financially?

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