Saving Today for Financial Security Tomorrow
Business & Finance, Personal Finance, Retirement Planning, Money Management
| Author: | SoftTech | ISBN: | 1230001216813 |
| Publisher: | SoftTech | Publication: | July 5, 2016 |
| Imprint: | Language: | English |
| Author: | SoftTech |
| ISBN: | 1230001216813 |
| Publisher: | SoftTech |
| Publication: | July 5, 2016 |
| Imprint: | |
| Language: | English |
It's never too early to start saving in effort to achieve financial security. Unfortunately, for many people the future has a tendency to morph into the present faster than they ever thought possible. Believe it or not, it's probably easier to achieve millionaire status than you think.
According to MarketWatch.com, simply by saving $2,000 per year for seven years, a 15-year-old is capable of becoming a millionaire at the age of 65. Even more surprising, that same teenager doesn’t have to save another penny after the initial seven-year period, if the money is invested properly. Amazing, isn't it?
It's never too early to start saving in effort to achieve financial security. Unfortunately, for many people the future has a tendency to morph into the present faster than they ever thought possible. Believe it or not, it's probably easier to achieve millionaire status than you think.
According to MarketWatch.com, simply by saving $2,000 per year for seven years, a 15-year-old is capable of becoming a millionaire at the age of 65. Even more surprising, that same teenager doesn’t have to save another penny after the initial seven-year period, if the money is invested properly. Amazing, isn't it?
