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What to do if you started saving later in life
Saving when you are young can have major benefits to your overall financial plan. Saving just $1,000 every year starting at age 25 will leave you with a total of about $290,000, assuming a hypothetical 8% rate of return, when you reach age 65. By waiting just ten years, that total falls to about $125,000 at age 65. Read more…
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