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Investors earning 11%, can have a higher future value in their retirement account by starting to save today at age 45 and depositing annual payments

Investors earning 11%, can have a higher future value in their retirement account by starting to save today at age 45 and depositing annual payments of $20,000 for 20 years, versus starting today at age 25 and depositing $3000 per year for 40 years.

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