Impact of Delayed Saving

Timing is Everything: The level and source of savings at age 65 are highly dependent on when saving begins.

If you start saving at age 50 instead of age 25, you miss out on 88% of investment returns, despite making 54% of contributions.

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Assumptions: 7% annual investment returns, 3.5% pay raises, 10% contribution rate and $50,000 starting salary at age 25. If you start saving at age 50 instead of age 25, you miss out on 88% of investment returns, despite making 54% of contributions.

Source: National Institute on Retirement SecurityGet the dataEmbed Download image