Time is money

November 13, 2007 at 11:37PM

You probably spend $100 a month eating out, buying coffee and doughnuts, etc. What if you saved it instead?

Cost per month:

$100

Cost per year:

$1,200

If you started at age 21, amount you would have when you retire at age 68, assuming you earn 4 percent interest:

$165,916

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