In 1 year, in a savings account bearing 0.5% interest, you could save up this much for the down payment on a car:
$ |
In 5 years, in an account bearing 3.5% interest, you could have saved up this much for the down payment on a house:
$ |
In 40 years, in an account bearing 5% interest, you could have saved up this much for your retirement:
$ |