The piece, Saving Early & Letting Time Work For You, falls short but could be so much better. | Voters

The piece, Saving Early & Letting Time Work For You, falls short but could be so much better.

Paul McAneny

Let's talk about how to improve it together. pmcaneny@1847financial.com. Contact me.

Paul McAneny

Absolutely Amirah.  That last sentence, "Yet, should it happen, you still might come out ahead of someone who begins saving for retirement later."  Not good.
Let's take that scenario and turn it into a much better example with a graphic.  Investor 1 contributes $XXXX/year from age 22 for ten years and stops.  Investor 2 procrastinates and waits ten years to begin investing same $XXXX/year but does it for next 30 years.  Same rate of return for both investors.  Show which has more invested money at age 62.  
This shows true power of compound interest.
Easy and you guys to do this professionally with a nice graphic to accompany the story.
Call me

Amirah Mahmood

Hi Paul McAneny! Thank you for your feedback on this content piece. I've passed this along to our content team for review. If possible, could you please clarify why you feel this content falls short? This will help the content team better understand your feedback and make necessary updates. Thank you!