If you're only starting to invest at 40, don't be discouraged. While the compounding effect may not be as strong as starting at 25, it's still not too late. And with approximately 25 years until the traditional retirement age, as long as you persist in investing in low-fee index funds, you still have the opportunity to accumulate considerable wealth.
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If you're only starting to invest at 40, don't be discouraged. While the compounding effect may not be as strong as starting at 25, it's still not too late. And with approximately 25 years until the traditional retirement age, as long as you persist in investing in low-fee index funds, you still have the opportunity to accumulate considerable wealth.