
There's No Time Like Now to Make Your Coins Work for You
Here's how to make a lot more money (I'm talking millions) for your retirement by starting early.
Most financially successful people get that way not through business innovation but through compound interest on their savings and investments. A simple example: If a 22-year-old invests $1,000 on January 1 at 7% per annum, next year the investor will have $1,070. In 10 years, the investor’s initial $1,000 would grow to $1,967. Upon retirement, at age 65, that single initial investment of $1,000 will have grown to $18,344.
Amazing.