Comments on: The Math that Explains Why Increasing Your Investment Amount Each Year Can Have a Massive Impact on Your Net Worth

By: Zach

Zach — Mon, 03 Sep 2018 14:07:15 +0000

In reply to Ms.K. Thanks for the kind words, Ms. K!

By: Ms.K

Ms.K — Mon, 03 Sep 2018 02:20:56 +0000

I like how you’ve simplified it to illustrate a very important point. It’s amazing how money builds up. Thanks for this!

By: Zach

Zach — Sat, 01 Sep 2018 21:45:20 +0000

In reply to Young and the Invested. Agreed - the tiny, incremental increases have an insane impact over the course of years and decades. The trick is to be consistent.

By: Zach

Zach — Sat, 01 Sep 2018 21:44:21 +0000

In reply to Matt @ Spills Spot.

Thanks Matt! Completely agree – it’s not about where you start, it’s about where you go

By: The Math Behind Massive Net Worth Increases ⋆ Camp FIRE Finance

The Math Behind Massive Net Worth Increases ⋆ Camp FIRE Finance — Sat, 01 Sep 2018 08:06:47 +0000

[…] Four Pillar Freedom […]

By: Young and the Invested

Young and the Invested — Sat, 01 Sep 2018 01:09:27 +0000

Persuasive argument to start with what you can afford and continue to “pay yourself” by making an increasing annual contribution when you receive a raise or promotion at work. The effects compound with time and over the span of an entire career can easily make for a solid retirement nest egg. The best part is with low-cost ETFs, this can be accomplished through an IRA or some employer-sponsored plans and grow tax-free.

By: Matt @ Spills Spot

Matt @ Spills Spot — Fri, 31 Aug 2018 22:32:34 +0000

Awesome post Zach, I think this analysis can be very encouraging to people that may not be able to invest much starting out. My advice for people in that boat is always to just get started and then increase over time, because you’re getting over the mental hurdle and getting into the habit of investing regularly.

By: Ashley Chorpenning

Ashley Chorpenning — Thu, 30 Aug 2018 17:09:05 +0000

This is a great illustration of the growth of an investment by increasing your contributions over time. By slightly increasing your contribution it gives you time to adjust your budget. You won’t even miss the extra money after awhile. Thank you for sharing!

By: Church

Church — Thu, 30 Aug 2018 13:57:27 +0000

Love the math to support your assertions. It’s the little things that compound themselves into big ones later on.

Keep up the great posts, Zach!

By: Joe

Joe — Thu, 30 Aug 2018 13:55:26 +0000

Those graphs are great. Nice job. This is similar to compound interest. It’s pretty amazing how much difference it makes over a long period.
We’ve increased our savings as we made more income over the years and it paid off handsomely. That’s why everyone should prioritize saving first.