EEEEEEEEEHHHHHHHHHAAAAAAAAAAA!!! Now that's a f'n' plan!!
The compounding is why I always say -- START EARLY -- because it's the later years when all the magic happens!
It's the complete opposite of a mortgage where you pay all the interest at the beginning and the principal get's paid off last..... Compounding for investing purposes is principal first -- and then comes the interest income later which is exactly when you need it!
Someone just saving $500 a month can be a millionaire when they retire.
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