Things to Check Out - 9.10.07

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Consider this math from Alston: Let's say you're 25 and save $400 a month for 10 years and then stop saving. Your investments earn 10 percent a year. By the time you're 60, the $48,000 you contributed has grown to $911,736.
But if you wait to start saving until 35, you would have to put away $1,037 for 10 years - a total of $124,440 - to come out with $911,299 at 60. And you would have to set aside much, much more if you don't start until your 40s and 50s.

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