The Amazing Power of Compound Interest for 25 year olds

Albert Einstein called it the 8th wonder of the world, and it's easy to see why! The earlier you begin, the more power compounding has.

As young people we are lucky to have mandatory employer contributions, salary sacrificing can supercharge our superannuation and get us closer to sipping pina coladas on a cruise at age 60.

It's also important to note, these figures don't take into account inflation! The purchasing power of $2M in the future will not be the same as it is today.

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Disclaimer II The information in this post is general in nature and does not constitute financial advice. Amy is an Authorised Representative (No. 1292710) of AFSL 495401.

Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.

Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.