Compound Interest and Retirement Savings


Joe and Big Al show you how much money you can accumulate because of compound interest. The longer money compounds, the faster it grows. Learn the importance of saving early in life and understand that it is never too late to start.

0:12 “If you’re younger, start saving now. If you’re a little older, which a lot of individuals are lacking savings, well it’s never too late to start”

0:48 “Let’s say you put away 5% of your salary, that’s about $417 a month” (with annual salary of $100,000)

1:11 “Some of you are thinking, I’m 50 and I haven’t really started; what about for me?”
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Season 2 Episode 9

Aired 2/28/15

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• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
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• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.


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