The AllFinancialMatters chart

Summary: with the retirement savings calculator I built I started thinking about the cost of waiting just one year to start saving for retirement The impact is huge Take a look at the chart below I assumed the following A person starts saving $2 000 per year at age 22 The account grows at 10 per year At age 65 they could have $1 804 801 This chart is especially alarming since I

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