Lesson 7 - The Time Value of Money
Explains in simple terms how the amount of time money has to grow is more important than the amount of money invested.
This lesson provides three specific examples of people who invest the same amount over different periods of time and end up with very different retirement nest eggs. Sure, these are hypothetical examples but they clearly explain the Time Value of Money and how it can impact you down the road.
Time Value of Money.
Time value of money video.