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How Late Is Too Late To Get Started Investing?
Many Happy Returns
The Power of Compounding
If we start when we're 20 and retirement in 65, then your money will increase. Every pound that you put in or dollar will increase almost 14th. But what about when you're 50? And a lot of that disappears. So it's 2.4 times. That's how much it'll increase between the time whenYou're 50 and 65. It's a crazy amount of difference, isn't it? We're still doubling the money. But you know, that's not such a powerful effect. For most people, that powerful compounding can really transform your life later on. If you can convince people to do that early, so much the better.
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