okredprecincts.com

If you want to grow your money and build your wealth, you need to invest it. What if you don’t invest for the long-term? Well, you risk running out of money in retirement and struggling to cover your expenses later in life. Sadly, many working Americans today don’t invest their money in various factors. For example, a 2019 GOBankingRates survey found that the reason 55 percent of Americans aren’t investing is that they cannot afford to. If you’re living paycheck to paycheck, that is a valid reason. In reality, though, if you were able to put $50 a month into an IRA or 401(k) starting at age 25 and get a seven percent average annual return, by 45, you would have $171,000. ...

Source: https://www.theepochtimes.com/8-low-ris ... 23230.html