Be smart with your money. If a 25-year-old
July 27th, 2010 at 11:00 am
Be smart with your money. If a 25-year-old who invests $2,000 a year at a 6 percent compound interest annually for fifteen years and never invests another dollar, after the age of 40, the 25-year-old will earn more by the age of 65 than a 35-year-old who invests $2,000 a year at 6 percent compound interest annually for 30 years, even though the 35-year-old would have invested twice as long.Last but not least, it is important to identify a short, medium and long-term goal for yourself. The majority of employers offer 401(k) plans or other tax-deferred retirement options. [...]
Baltimore Maryland Real Estate
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