A 20 year old saves $ 1,095 a year which she places in a brokerage account with a 12% expected return.
How much money will she have at age 65?If a 40 year old investor began saving this much, how much would she have at age 65?How much would the 40 year old investor have to save each year to accumulate the same amount at age 65 as the 20 year old investor?