[Betty Jane]

People don't realize just how much difference it makes to start saving for retirement in their 20s, rather than starting in their 30s, even a little money goes a long way if you have that extra ten years of interest.

I wished I had listened to my father when I was younger. A thoussand dollars a year for 40 years at 10% interest will be a million dollars. I wasted so much money when I was young.

[AdamSelene235]

A thoussand dollars a year for 40 years at 10% interest will be a million dollars.

The stock market has gone nowhere for the last 5 years despite a 50% debasement of the money supply; interest rates are below the true rate of inflation.

Where are you going to find 10% a year for 40 years?