Thanks to something called compound interest, saving for 10 years can actually produce a better return than saving for 40!
Compound interest is essentially the interest you earn on your interest so the sooner you start saving, the more interest you can earn.
Don't believe us? Check out our video above to see exactly how it works :
It’s never too late to start saving for your perfect retirement but the longer you leave it the harder it becomes.
The first saving is always the hardest and it is also the most important. Our team of global financial advisers are on hand to help create a savings plan tailored to your personal requirements.
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Assuming a 7% rate of interest. See Brochure for full example