Money available for retirement: Save Young!


by Esther Rochon on Apr 1, 2015 | Views: 292 | Score: 7
25520829
30338740
35213219
40128029
4571596
5035664
5514351
Age started saving
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Esther Rochon
Esther Rochon on Apr 1, 2015 2:45 PM said:

I created this chart to show the net gain (free money!) of someone who saves $3000 in a retirement account with a compound average annual rate of return of 7% depending on the age one starts saving, assuming retirement age is 65 years old. Based on my calculations

Kent F.
Kent F. on Apr 30, 2015 10:18 AM said:

What retirement age is this assuming? 65?

Esther Rochon
Esther Rochon on May 1, 2015 11:07 AM said:

thank you professor, I just changed my description!

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