http://retirementblog.ncpa.org/why-patience-pays-in-401k-saving/ Retirement, Taxes and Small Business Insights Fri, 04 May 2012 18:15:19 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://retirementblog.ncpa.org/why-patience-pays-in-401k-saving/comment-page-1/#comment-2642 Ksenia Sat, 18 Feb 2012 14:04:14 +0000 http://retirementblog.ncpa.org/?p=924#comment-2642 Annuities are (very gaelrelny) a bad idea unless you are already old, or you are the agent selling them. (They pay terrific commissions to the salesperson!) A Roth (invested in growth or growth income stocks) will make you far richer later on Annuities are (very gaelrelny) a bad idea unless you are already old, or you are the agent selling them. (They pay terrific commissions to the salesperson!) A Roth (invested in growth or growth income stocks) will make you far richer later on

]]> http://retirementblog.ncpa.org/why-patience-pays-in-401k-saving/comment-page-1/#comment-2576 Joe Barnett Tue, 17 Jan 2012 14:43:44 +0000 http://retirementblog.ncpa.org/?p=924#comment-2576 By starting to save young, however, an individual may earn interest for more than 46 years before retirement on some savings. Consider that if a dollar of savings takes 14 yearts to double, a dollar saved at age 22 would grow to more than 3 dollars by retirement. By starting to save young, however, an individual may earn interest for more than 46 years before retirement on some savings. Consider that if a dollar of savings takes 14 yearts to double, a dollar saved at age 22 would grow to more than 3 dollars by retirement.

]]> http://retirementblog.ncpa.org/why-patience-pays-in-401k-saving/comment-page-1/#comment-2575 Brian Mon, 16 Jan 2012 22:09:02 +0000 http://retirementblog.ncpa.org/?p=924#comment-2575 People also need to factor in the compounding effects of inflation on their retirements savings over time. From what I've gathered, people should start saving early and make wise investments that will gain them compound interest. People also need to factor in the compounding effects of inflation on their retirements savings over time. From what I’ve gathered, people should start saving early and make wise investments that will gain them compound interest.

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