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
of
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!