There is never a right time to do your financial planning.
However, I would encourage you not to delay it because procrastination will hinder you from becoming financially successful.
As illustrated, if you set aside $200 per month for the next 25 years (assuming no taxes and 6.5% annual rate of return), then by starting:
Don't delay!
Start now!
Related article of interest "Systematic & Disciplined Investing that pay."
However, I would encourage you not to delay it because procrastination will hinder you from becoming financially successful.
As illustrated, if you set aside $200 per month for the next 25 years (assuming no taxes and 6.5% annual rate of return), then by starting:
- TODAY, the outcome is $150, 579.
- After 5 years of delay, the difference is $51,963!
- After 10 years of delay, the difference is $89,541!!
Don't delay!
Start now!
Related article of interest "Systematic & Disciplined Investing that pay."
