Not Doing This Will Cost You Millions Over The Course Of Your Life
· 22.10.2023 · 21:00:32 ··· ··· Sunday ·· 7 (0)
Jack Murphy The Opportunity Cost of waiting to invest can literally cost you millions of Dollars by the time you want to retire. People thinking they can wait later to invest is one of the biggest reasons people can't or have to postpone their retirement. In this video, I show you exactly how much a difference investing now vs 10 years from now looks like.
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Timestamps:
0:00 Intro
0:31 What I'm doing
1:12 25 years old vs. 35 years old
3:56 Waiting will cost you hundreds of Thousands
5:02 What to do if you don't have 2k a month
6:39 Main Take Away
Investment Calculator: https://www.calculator.net/investment-calculator.html?ctype=endamount&ctargetamountv=5%2C000%2C000&cstartingprinciplev=171%2C051.73&cyearsv=30&cinterestratev=7&ccompound=annually&ccontributeamountv=1%2C000&cadditionat1=end&ciadditionat1=monthly&printit=0#calresult
Average Age people start investing source: https://www.bankrate.com/investing/statistics-for-beginning-investors/#investing-habits-of-new-investors
* I am Not a financial advisor or professional this video is for entertainment purposes only
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