Monday February 5th 2024 (Week 1):
If you are in your 20’s and wondering how to successfully save for retirement, consider this!
If you save $20 per week beginning at age 20 for 40 years and you were able to earn 12% Interest compounded weekly at age 60 you would have $1,041,012.95 available to retire on.
Here is the spreadsheet function to arrive at the result. [=FV(12%/52,40*52,20,,1)*-1]
