Cameron-brooks

Episode 157 – The Parallels of Investing and JMO Career Management

Informações:

Synopsis

I like to use the lessons of investing to help Junior Military Officers (JMOs) understand the tradeoffs and choices they will make during their career search process.  In this podcast, I walk through the value of investing early in your life.  I share the financial benefits of sacrificing today for reaching financial and career goals in the future.  Chiefly, I explain how that same investing discipline applies to making sacrifices and tradeoffs early in your career, leading to reaching your career goals. The Value of Investing Early You can search online about the benefits of investing early and the almost impossible nature of trying to reach financial goals by starting later.  When you do, you will find tables and charts like the one I found from USAA. The article states the amount you will have at age 65 if you start saving $250 a month starting at different ages (it assumes an eight percent average annual investment return). If you start at age: 25: You’ll accumulate $878,570 by age 65 35: You’ll accumu