Save from 21 to 30, then stop. You will have a bigger pension than a saver who starts at 30 and stop at 70. That is the power and miracle of compound interest.
Which will give you a bigger pension: saving for 40 years or just 10?
Believe it or not, the answer is 10 – if those years are at the very beginning of your working life.
Someone who starts saving at the age of 21 and then stops at 30 will end up with a bigger pension pot than a saver who starts at 30 and puts money aside for the next 40 years until retiring at 70.
This astonishing outcome is entirely due to the power of compound interest – MAP is build on this technology : Join now and Retire early !!!