ET Speaks From Home

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How to invest in your children’s future

How to invest in your children’s future?  Financial wisdom states that the earlier you invest for your future the better.  Why is that?  What’s the harm in waiting a while until you have a bit more money or until your circumstances change?  Well let’s consider a hypothetical situation with two investors, John and Julia.  John starts investing £100 per month at 30 years old and keeps going until retirement at 65.  Assuming a rate of projection of 5%, John would have a nest egg of £111,298 at retirement.  Julia invests the same amount but starts earlier at 18 years old.  At retirement, Julia would have invested an additional £14,400 more than John but her nest egg would be worth more than double that of John’s at £219,489!

How to invest in your children's future Early Investor vs Late Investor

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Hello!

Welcome to ET Speaks From Home. My name is Eileen, mother of two children aged 14 and 13 with visual impairment. We've been online since 2012 and continue to grow. I love to cook, craft, DIY, write about Chinese Culture and YouTube reviews.
Top 20 UK Parent Blogs 2020
Tots100 2014 Top 20 Blog on Twitter
Tots100 2015 Mummy Vloggers, Tots100 2016 Top 20 Vloggers
Shortlisted Britmums Brilliance in Blogging Awards (BiBs) Video 2014 Read More…

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