Compounding magic...
Turn your nest egg golden.
The recipe?
Begin with a chunk of change, add a dash of historical returns, then let it bake for decades, bloomberg.com advises.
The magic elixir is actually just simple compounding. Think about this: With a 50-year investment period, the average American's retirement can be funded with just $16,500. Really, Nir Kaissar reports on bloomberg.
For more: http://www.bloomberg.com/
Photo: Pinterest.
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