This bar chart shows that waiting even a few years to start saving can significantly decrease the amount of money you’ll have when you’re ready to retire. It assumes $1,000 invested each month with a 6% annual rate of return. Example does not include taxes, fees and commissions, which would reduce the return. The tallest bar shows you could have a portfolio valued at $1,990,000 by age 65 if you started investing at age 25. The middle bar shows this same portfolio would be valued at $1,005,000 by age 65 if you started investing at age 35. The smallest bar shows this same portfolio would be valued at $460,000 by age 65 if you started investing at age 45. Figures are rounded to the nearest $5,000. Example is for illustration purposes only and does not reflect the performance of any specific investment. Source: Edward Jones.
This bar chart shows that waiting even a few years to start saving can significantly decrease the amount of money you’ll have when you’re ready to retire. It assumes $1,000 invested each month with a 6% annual rate of return. Example does not include taxes, fees and commissions, which would reduce the return. The tallest bar shows you could have a portfolio valued at $1,990,000 by age 65 if you started investing at age 25. The middle bar shows this same portfolio would be valued at $1,005,000 by age 65 if you started investing at age 35. The smallest bar shows this same portfolio would be valued at $460,000 by age 65 if you started investing at age 45. Figures are rounded to the nearest $5,000. Example is for illustration purposes only and does not reflect the performance of any specific investment. Source: Edward Jones.