BJ Shea
Text the word KISW to 77999 to sign up for the Rockaholic Text Club concert, event and info alerts click here. You'll rec up to 3 msg a week.Msg & Data Rates MayApply, Text STOP KISW to cancel, terms & conditions apply.

BECU Financial Advisor


The 8th Wonder of the World

According to Albert Einstein, “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”

Here is an example:

Assume at age 31 you start saving $2,000 a month for your retirement and you do so until you are age 65.  Earning 9% interest you will have accrued over $470,000.  

However, if you had started saving the same $2,000 when you are 22 and did so only until you were 31 you will have over $579,000 and will have only invested for 9 years.

If you are behind on your retirement savings it’s not too late to get started.

Tags :  
Topics : Human Interest
Social :
People : Albert Einstein

09/11/2013 8:52AM
The 8th Wonder of the World
Please Enter Your Comments Below
Title :
Comment :

Recent Blog Posts