Lesson 22 Early and Mid-Career
Early in your career, you are in the accumulation stage:
• It’s not possible to overemphasize the importance of an early start. The magic of compounding rewards is compelling for those who keep time on their side.
Do-It-Yourself
Don’t Delay Your Savings! Waiting to begin your savings plan can have a huge impact on your results. This calculator helps show you how much postponing your savings plan can really cost.
• Save liberally.
• Lean more toward equities to accumulate enough to meet your goals.
• The longer your time horizon until retirement, the more aggressive you can afford to be with your money. ...
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