Chart of the Day: How Much to Save
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Production of the U.S. penny has officially ended. Learn what this means for you.
Today’s Chart of the Day from @PeterMallouk is a good one to share with the friends and family who are still working and saving. It shows the annual savings needed to become a millionaire by age 65.
What is the lesson we can take from this? Start early—at just 20 years old, it could take only $115 saved per month but wait until 40, and it jumps to having to save $850 per month!
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