The 8th wonder- Compound Interest

If you’re 25 now and you set aside $5,000 for retirement, you would have $7,444 at age 65, if you earn 1%p.a.
At 5%p.a, the number goes up to$35,199
At 8%p.a, $108,622
At 10%p.a, $226,296

This is the power of compounding interest and time.
Back in school, these were to some extent just numbers and theories to me. But being in the line have gotten me to learn that it’s not about the numbers (it’s not even about making money). It is about making the better choices in life. about making the numbers work for you so you don’t have to work for the numbers.