4 ms·
> For someone in their 30's, investing even 100% of current savings is still likely to be less than 10% of their lifetime savings What does that mean? Isn't th
by selestify 8y ago
> For someone in their 30's, investing even 100% of current savings is still likely to be less than 10% of their lifetime savings
What does that mean? Isn't the point of compound interest such that the more you invest early on, the more you'll get back decades down the line?
- krageon 8y agoIf I read it correctly, it means that 90% of a person's savings are made after their thirties. So if you invest all of it in your thirties, you've captured 10% of your lifetime savings in your investments.