The Early Bird

Gets the Great Retirement!

DYI:  The real moral of this chart is to convince young people to put as much into investments early even before purchasing a home.  The example from the chart is $5,000 per year for ten years instead put in $15,000 the first three years, then $10,000 the next two years and the remaining five years back to $5,000.  The difference is far greater especially due to the first three years at $15,000 with those extra years of compounding.

Easy to understand but for many either not emotionally ready for that commitment or simply unable to put in the extra money due to so many other debts, needless to say “you get my point!”