The Power Of Investing At A Young Age

Today I wanted to write about the importance of starting to invest immediately. When you begin saving / investing at an early age, you have a lot of time on your side. Compound interest and / or investment growth can put a lot of money into your retirement pocket.

Investing while you are still young has many pluses. If, for instance, you invest at age 22, even if your total contribution is limited, observe what you can still end up with after just putting aside $2,000 per year for only six years. In this example I am using an average return of 12%.

Content © Rich Brott, 2011

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