Watch this video, and starting saving… NOW

Check out this nifty flash video from Vanguard about the power of compounding. I’ve talked about this a bit and the Rule of 72 before in this previous post, but there’s nothing like a bit of nifty Flash and graphics to drive a point home. Compound interest is awesome, and starting a.s.a.p. is critical. For example, all you need to begin is $1 at ING Direct, and you can turn it into $26!. Then set up an automatic savings plan with them, and you’re on your way. (Credit for flash to Our Money, Our Future).

Find more in Retirement | 4/6/05, 8:50am | Trackback