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Investing/Strategies / Retirement Investing
|Subject: Re: Chart for early investing||Date: 4/18/2001 11:55 AM|
|Author: intercst||Number: 29184 of 76398|
Please help me find a chart showing the advantage of early investing in an IRA. I want to show it to my 20 year old niece to start her on the right track. Fool4Oil since 2000.
Here's a chart from the Retire Early Home Page showing the value of a $2,000 per year contribution to an IRA after 40 years. It also shows how much smaller your IRA will be if you don't limit the amount of fees and commissions you pay.
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