[RickJWagner]

One of the most important benefits will be the example being set.

People will have a visible example of the power of compounding. It’s just a shame there isn’t more time in the equation so they could see the real magic happen.

Did you know that at typical market rates, someone saving $1000 at age 20 would have $64,000 at age 62?

Even more illustrative, if the same person waited until age 27 to save the same $1000, they would only get 32k. If they started at 34, they’d only get $16k!

The importance of time as the secret ingredient is the best kept secret ( that’s endlessly explained by people like Warren Buffett ). Hopefully these accounts will help the message stick.