PeterMallouk: What would $5k invested each year grow to by the age of 65 (assuming 8% annual return)? $1.3 million if you start at age 25 but only $136k if you start at age 50. Start saving/investing as early as possible. Time is an investor’s friend.

PeterMallouk: What would $5k invested each year grow to by the age of 65 (assuming 8% annual return)? $1.3 million if you start at age 25 but only $136k if you start at age 50. Start saving/investing as early as possible. Time is an investor's friend. submitted by /u/Pllover12
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