Compared to those who begin investing at age 25, people closer to age 30 will have to contribute a little more money each month in order to reach the same goal by age 65. is most powerful when it has a longer amount of time to grow your money but, still, it’s never too late to start investing — even if you don’t think you have enough money to dutifully invest $370 per month.
A 3% return may be achieved through a conservative portfolio of mostly whereas a 6% return is a bit more moderate and usually consists of a combination of stocks and bonds. And on the other hand, a 9% return denotes a more aggressive portfolio and can usually be received through a portfolio that’s stock-heavy.
