While it is never too late to start saving, putting it off for too long can take a big bite out of your nest egg. By starting early rather than delaying your savings for a few more years or months, you can considerably reduce the amount you save every month to reach your goal. Let’s see the consequences of delay in investing.
Monthly Investment Amount
InvestmentHorizon
ExpectedAnnualised Return
Delay inInvestment
End Value (if Invested Now)
20000000
End Value (if delay)
20000000
Total cost of delay
20000000