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The Third Complexity

Deeply personal, complex, the subject of much debate, secrecy, and discussion.

 

Finances.



I’m going to say something now that makes me a little sad, though if you’re younger than I am you should be happy!

 

Oh, and there are all KINDS of people younger than me, so the news is good!

 

Ready?

 

Here goes. 

 

If you are 21 years old, and RIGHT NOW put away just $100 a month into an untouchable retirement growth account, at a reasonable rate of return of 8% (hint: NOT a mutual fund!)…

 

…when you’re 65 you’ll have over half a million dollars!

 

Wanna know how much that is if you’re downright religious about socking away 10%, every single month, and let’s assume that you’ll make about $48,000 a year between 21 and 65? 

 

$2,116,763!

 

Now, there are whole books on this subject, but I’m just going to say this:

 

One of my top 10 regrets of my earlier adult life is that I did not take advantage of the power of compounding. 



I’m telling you this because I love you. <3

 

Have an amazing day full of future abundance!!!



{Originally posed on June 11, 2020 via Facebook}



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