Understanding the power of compounding interest
It is counter intuitive how much higher the returns are if you invest early.
Understanding why fees matter. This are the outcomes when you could save on fees and have an average annual return be 7% (1% higher)
//If you go on reitrement when you are 65 years old yrly = 7% //annual return = 7 % //You put $20k when you are 35 years old (30years) $20k+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly = $152,245.100853 //You put $20k when you are 25 years old (40years) $20k+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly+yrly