A Tale of Two Brothers
Procrastination?
To Summarize: Starting at 22 years of age, Brother A deposits $5,500 per year for only 8 years for a total of $44,000, while Brother B watches him for 7 years and when he is 29 years old starts depositing the same $5,500 per year but for 37 years totaling $203,500, however ends up accumulating less money at age 65 than his brother! How is that possible?
Compound Interest and more time, that's how!
This is a lesson we need to teach to all young folks who will listen...Ya Think?