Never too early to start preparing for retirement
{"Image DocumentName": "Never too early to start preparing for retirement", "Image ImageDescription": "Starting retirement savings early with  200/month additional savings at 5% per year over 10 years. Year. Start. Add. Interest rate. Year end value. 1.  40,  200/month. 5%  44,  49,  54,  59,  64,  70,  76,  83,  89,  97, Let me illustrate how saving just a little (for example  200 month) now before you even begin to think about your retirement can make a huge difference. To demonstrate, conservatively, we will use  40,000 and show what saving  200 per month, after 10 years would do to your savings. Starting with  40,000 adding  200 per month at a hypothetical rate of 5% compounded monthly over 10 years, at the end of those 10 years, you would have  97, In just 10 years, you would have  57, more than what you started with. [Note: the 5% rate compounded monthly over 10 years was used for demonstration purposes only and is no guarantee] This helps to demonstrate why it is never too early for you to consider starting your retirement savings strategies. This hypothetical example is shown for demonstration purposes only and doesn\u2019t represent any specific product or investment. These figures don\u2019t reflect taxes or product fees and expenses.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}