Think About Your Retirement NOW! by Frank Armstrong III

Think About Your Retirement NOW!

byFrank Armstrong III, Paul B. Brown

Kobo ebook | September 13, 2010

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This is the eBook version of the printed book.

This Element is an excerpt from Save Your Retirement: What to Do If You Haven’t Saved Enough or If Your Investments Were Devastated by the Market Meltdown (9780137029006) by Frank Armstrong, III and Paul B. Brown. Available in print and digital formats.

 

Start saving for retirement early: why it’s so crucial and how to make it less painful.

 

It’s impossible to overemphasize the importance of starting early to save for retirement. Let’s say you and your spouse both resolve to fully fund IRAs: that’s $10,000 per year. If you contribute for 40 years with an average return of 8%, you’ll accumulate $2,590,565. Wait five years to start, and you end up with $1,723,168. The $50,000 you didn’t contribute costs you $867,397!

Title:Think About Your Retirement NOW!Format:Kobo ebookPublished:September 13, 2010Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0132563614

ISBN - 13:9780132563611

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