Because the sooner you start, the greater your growth potential. Time is a powerful key to achieving financial security.
- If you begin saving $100 a month at age 25, you could potentially have $637,700 by the time you're 67.*
- But if you wait just one year, you could have $61,600 LESS saved at age 65.
- And the longer you wait, the less you'll have! That's the high cost of waiting.
- Legg Mason
- Pioneer Investments
*These examples assume a hypothetical 9% constant rate of return. Rate of return is a nominal interest rate compounded on a monthly basis. Actual investments will fluctuate in value. The illustration does not include fees and taxes which would lower results.
In 2011, 44% of U.S. households owned mutual funds - that's 52.3 million households and 90.4 million individuals."
- 2012 Investment Company Fact Book