The power of compounding

Time can be your ally when it comes to saving for retirement. Year after year, the money you invest for retirement has the opportunity to compound. Start early enough and you may be surprised at the results. 

How valuable is time? Consider this example. 

You can harness the power of compounding by keeping your money invested for the long term and reinvesting interest, dividends, and capital gains you may earn along the way. 

But even if you've put off investing for retirement, it's never too late to start. Every day that you're saving and investing is a day your money is in position to work for you. 

All investing is subject to risk.