>Why don't you just show me a picture.
Okay, here's a picture:
If you had invested $100 per month, since January, 1950, then you'd have a million dollars
by the end of year 2000.
>In the S&P500?
Yes, and ...
>And exactly 1,000,000 dollars?
Well, close enough for our purposes. It's actually $1,011,229.14, but I think we can assume it's $1M, okay?
Anyway, if you had started five years later, in January/55, you'd have had to invest $152 per month in order to end up with the same amount.
If you had started in Jan/70 you'd have had to invest $352 and if you started ...
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>I get the picture. If you were stoopid enough to start in 1995
you'd have to sock away ... what? $9,000 per month?
It's $9,305, but that's a bit unrealistic ... to wait that long. The point is,
the amount required grows dramatically as delay is extended. Here's just the first forty years:
Besides, if your investments are in some tax deferred pension plan ...
>If you ask me, I'd say Investment Delayed is Money Lost.
Brilliant.
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