Where Will You Be Financially At Retirement?
The sooner you start adding money into your retirement account and have a consistent savings plan, the more you pile up interest as time passes. This is known as compound interest or simply generating interest from the interest you generated in past years. Interest earned from your retirement plan will not be taxed during your employment years, which means your savings can grow quickly. Look at the Ativa graphic below. See also How To Achieve Your Dream Retirement.