Re:Non-intuitive Examples of Compounding Returns
by sabj on Thursday February 10, 2011 @03:28AM
(#2201261)
Agreed.
While it is true that this kind of retirement savings is to some extent dependent upon good timing, what is clear is that if you have any ability to put compound interest to work - and I think that is relatively fair - it is much better to start early.
Even moderate rates of return will produce this kind of effect, and in that regard, I think it is a highly effective demonstration.
While it is true that this kind of retirement savings is to some extent dependent upon good timing, what is clear is that if you have any ability to put compound interest to work - and I think that is relatively fair - it is much better to start early.
Even moderate rates of return will produce this kind of effect, and in that regard, I think it is a highly effective demonstration.