Mathematics, 19.03.2020 02:28, williamlindley2

If you begin saving at age 45 instead of age 40, how much more do you need to save per month to have $1M at retirement? Why is this amount so much greater than the difference between 20 and 25?

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If you begin saving at age 45 instead of age 40, how much more do you need to save per month to have...