Despite all the complexities surrounding Social Security, one chart reigns supreme in its importance. It shows how Social ...
The bottom line: If you start at age 15 rather than 25, you can double your savings come retirement with no extra work. Check out the example in the chart above, which assumes a 7% rate of return.
If you want to have a comfortable retirement, it is very important to begin saving early. It's a point that can't be reiterated enough. Here is another example why. Consider two hypothetical ...
this grid provides a pretty decent glimpse into how your spending is potentially delaying your retirement. This is no substitute for a strong financial plan, but this chart can offer a quick ...