asked 145k views
4 votes
Financial advisors counsel young people to start saving early for their retirement. Explain why an early start is important.

asked
User Charlb
by
8.5k points

1 Answer

6 votes

Answer:

The more money you invest and the earlier you start means your retirement savings will have that much more time and potential to grow and investing early you can be able to take advantage of compound earnings.

Explanation:

answered
User Miguel Morales
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.