Because the sooner you start, the greater your growth potential. Time is a powerful key to achieving financial security.
- If you begin saving $100 a month at age 25, you could potentially have $637,700 by the time you´re 67.*
- But if you wait just one year, you could have $61,600 LESS saved at age 65.
- And the longer you wait, the less you’ll have! That’s the high cost of waiting.
*These examples assume a hypothetical 9% constant rate of return. Rate of return is a nominal interest rate compounded on a monthly basis. Actual investments will fluctuate in value. The illustration does not include fees and taxes which would lower results.