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Margaret [11]
3 years ago
7

Why is it best to begin saving in a 401(k) as early in your life as possible?

History
2 answers:
serious [3.7K]3 years ago
8 0

Answer:

Explanation:By making small, regular investments starting in your 20s or early 30s, your savings will grow tax-free over 30 or 40 years. While opting in to make 401(k) contributions is the most important step you can take, having a sound 401(k) strategy will maximize your returns and help you reach the $1 million mark

cupoosta [38]3 years ago
4 0

Answer:

By making small, regular investments starting in your 20s or early 30s, your savings will grow tax-free over 30 or 40 years. While opting in to make 401(k) contributions is the most important step you can take, having a sound 401(k) strategy will maximize your returns and help you reach the $1 million mark faster.

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