Financial Retirement_eLearning Demo
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Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
North American (General) North American (US Midwest- Chicago, Great Lakes) North American (US Upper Midwest - Fargo, Minnesota)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
how early is too early to start planning for retirement? Simply put, it's never too early. Getting started when you're younger means your monthly contributions air significantly lower, and your money has more time to earn compound interest and grow for you. So you're planning to retire with $75,000 a year and you're offered an annual interest rate of 5%. If you leave yourself 20 years to retire, you save 14,000 less to reach your goal than if you'd allowed for 10 years.