Money available for retirement: Save Young!
by Esther Rochon on Apr 1, 2015 | Views: 1018 | Score: 7
| 25 | 520829 |
|---|---|
| 30 | 338740 |
| 35 | 213219 |
| 40 | 128029 |
| 45 | 71596 |
| 50 | 35664 |
| 55 | 14351 |
Age started saving
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by Esther Rochon on Apr 1, 2015 | Views: 1018 | Score: 7
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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
What retirement age is this assuming? 65?
thank you professor, I just changed my description!