Friday, April 22, 2011

Interesting article on how to retire a Millionaire!

This article from Clark Howard is a pretty clear example expressing the time value of money. Pretty sobering to know that $14K invested at an early age can = $1M over time and how long (and how much money!) you'd need to effectively "catch up" later in life. So get motivated and get those kids out there saving money! (Note-I am unsure how they take into account inflation, but it's still a great idea to start early and contribute often!) Cheers, Bo

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