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Economics

Understanding Savings Growth

Quick fact

If you save $100 every month starting at age 25, with an 8% annual return, you could have over $300,000 by age 65—but if you start at 35, you'd have less than half that amount.

Why this is interesting

Imagine turning a small jar of coins into a mountain of wealth—just by letting time do the heavy lifting. How does a few dollars saved today become a fortune decades later?