The earlier you start saving, the easier it will be to achieve your retirement goals. Time is a powerful key to achieving financial security and luckily you’ve got plenty of it! Look at how saving early in life can increase your potential for a secure retirement:*
It Pays To Start Early
When does $35,000 exceed $170,000 at a 10% rate of return?
* This is a hypothetical and does not represent the performance of actual investment. This hypothetical uses a constant rate of return, unlike actual investments which will fluctuate in value. It does not include fees or taxes, which would lower performance. Given current market conditions it is unlikely an investment will return 10% on a consistent basis. Investing entails risk, including loss of principal.
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My daughter, Jessica, was part of an Economics class of 30 at Valencia High School in Southern California. When the teacher asked “Who knows what the Rule of 72 is?” Only 2 students raised their hand one being my daughter. I am so proud that Primerica teaches truly important concepts that will impact future generations!