How much can you save?

Do those numbers look big? They should! Once you begin to add to your savings, the effects of compound interest begin to kick in. Your savings produce interest, and that interest becomes more savings. After a while, the interest on your money is working harder than you are, pulling in interest and earning returns faster than you invest every month—all because you started saving a little at a time. Even if you don’t get it perfect—even if you don’t save the full 10 percent or you don’t set up your retirement account right away—saving something is always better than saving nothing. Every dollar you save is a dollar toward a brighter future.