The Power of Compounding Interest
Early Beginnings & Long Term Growth

The Power of Compounding Interest

  1. Compounding interest is an essential piece to long term growth of capital.

Chris is putting away $20k for 10 yrs at 31 yrs old = $200,000 put away

Pat is starting 10 yrs later on retirement at 41 putting away $20k per year until age 65 totaling = $500k

Chris, having a decade of compounding head start on Pat (assuming an average rate of return of 8% for both) will have roughly $2.1 million at age 65. That is approximately $500k more than Pat; simply because he having to play catch up.

Never Forget the Value of Time & Money. The Financial world can be complicated for many, but getting started is the first step in beginning to align your personal & professional goals throughout life,

Noel P Walsh

Investor & Consultant for Business, Project & Cashflow Management - Investment Equity, Venture Capital Funding & Venture Debt Finance

3 年

Great work Joseph, we should catch up sometime soon

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Muhaimen Noor

Salesforce Developer at Center for Court Innovation

3 年

Joseph Di Giulio Compound interest-The 8th wonder of the world!!

Paul Di Giulio

Chief Compliance Officer

3 年
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Spencer Papa

Tennis Professional

3 年

Compounding Interest-- so essential

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Agustin Moreno

Former Student-Athlete at LSU.

3 年
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