Half of American adults started 2022 with a desire to boost their savings. That admirable intention could prove easier for those who developed good savings habits at a young age
– End-of-year amount deposited: $365.00 – Amount returned: $0.00 – Total end-of-year wealth: $365.00
– End-of-year amount deposited: $730.00 – Amount returned: $29.20 – Total end-of-year wealth: $759.20
– End-of-year amount deposited: $2,920.00 – Amount returned: $962.37 – Total end-of-year wealth: $3,882.37
– End-of-year amount deposited: $7,665.00 – Amount returned: $10,739.37 – Total end-of-year wealth: $18,404.37