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RustedSoul sez:

The trick with any investment is not so much the amount you put in, but how early you invest the money. (This is very easy to show with a spreadsheet). A small amount of money invested early on will easily outperform 2x/3x the amount which is invested 10 years later. Your income will increase over time which will enable you to put more dollars into the plan. But the initial dollars are the ones which will reap the highest return.

Truer words were never written. Compounding, as friend Benjamin Franklin said, is the eighth wonder of the world. Would that more young folks would recognize and take advantage of that fact.

Regards….Pixy
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