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My retirement is a long time away. Everybody says I should save now, but what’s the big deal if I put it off just a few years?

The answer is easy – compounding. If your money generates earnings, they can then be reinvested to generate their own earnings, and so on. When you’re young, compounding can be one of the easiest ways to build wealth over time. The earlier you start, the greater your chances of achieving your financial goals for retirement. 

The Power of Compounding

How $1,000 can compound at various annual rates of return over time





















This chart is for illustrative purposes only and is not intended to represent any particular fund or investment, nor does it address tax implications or investment expenses. Assumes reinvestment of earnings. COUNTRY Financial® does not imply any guarantee of investment performance or benefits. The growth of your assets will be based on actual rates of return earned by the investments you choose. Past performance is not indicative of future results.