Beginner Help
why is it important to start investing as early as possible?
How can investing early make a difference in your financial future? Does it make sense to invest in my 50s?
1 Answer
**Early investing = compound interest magic**
Started at 25 putting away $200/month - that money has grown way more than if I'd waited until my 40s. Every year you delay costs you exponentially.
But starting in your 50s still makes total sense! You've got 15+ years to retirement and can probably invest more per month now. My dad started late 40s and did fine.
Key is just getting started, whatever your age.
Answered by B.G. 5 days ago