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Reason 3: Saving early makes a REAL difference.
Because of the power of compounding investment growth, you can earn more with less if you start now!
This hypothetical illustration assumes pre-tax contributions made at the beginning of each month and an annual effective rate of return of 8% and reinvestment of earnings.
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Results are for illustrative purposes only and are not meant to represent the past or future performance of any specific investment vehicle. Investment return and principal value will fluctuate, when redeemed, the investment may be worth more or less than its original cost. Taxes are due upon withdrawal. Withdrawals taken prior to age 59½ may be subject to a 10% tax penalty. A plan of systematic savings does not ensure a profit or prevent a loss in a declining market.