Appreciation Financial CEO, Terry Kennedy, joined Inside South Florida to share his insight on the importance of setting yourself up with a retirement plan now, and tips on how to invest for the future.
Learning what time and interest to do together, that's called the compounding. It's actually the eighth wonder of the world,” says Kennedy. “Right? Einstein said that compounding interest was the eighth wonder of the world. And the reason is, is that you can figure out if I take X amount of time, X amount of interest, I can figure out how long it takes to double my money. It's in your best interest to start there.”
For more information, visit AppreciationFinancial.com.
This Inside South Florida segment is paid for by Smart Asset.