The Power of Compounding
Consider this scenario for a moment, the individual on the left invested $2,000 a year for nine years, a total of only $18,000 at which time she became disabled and stopped investing. Her friend on the right took the disability as a wake up call and decided it was time to start her own $2,000 a year investment program but she’s starting nine years later. At the age of 65, when they’re both ready to retire, there is still a difference in their investments even after one of them invested $70,000 over 35 years.
Douglas J. Bodtcher
Investors Group Financial Services Inc.
780-448-1988 ext. 284
