STARTING AGE DAILY SAVING MONTHLY SAVING YEARLY SAVING
20 $2 $61 $730
25 $3.57 $109 $1304
30 $6.35 $193 $2317
35 $11.35 $345 $4144
40 $20.55 $625 $7500
45 $38.02 $1157 $13,879
50 $73.49 $2235 $26,824
55 $156.12 $4,749 $56,984
Note:
Hey guys!
Take a look at this table of savings based on different starting ages. It's never too early to start saving, even if it's just a few bucks a day. Just think - starting at 20 with just $2 daily could lead to over $26,000 by age 50! But if you wait until 55 to start saving, you'll have to put away over $150 a day to hit the same goal. So let's start saving now, and avoid having to scrimp and save in our golden years.
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