The Power of Compounding Interest: Meet Daniel

Meet Daniel. He started investing at 24.

125797483_09a9aa848e_o2When Daniel was 24, he saved enough to invest $3,000 that year. He did the same until he was 55 years old and his investments earned an average of 10% annually. Look at the results below (click the image to see it larger) and compare them to Emily, who got started 10 years earlier.

his compounding interest3