By Turner Cowles
September 15, 2015

Timing. Time is your best friend. Compound interest: “The longer [young people are] in the game, the more that money is going to work for [them],” says Christine Romans, CNN’s chief business correspondent. If you start at 25, and you invest $5,000 a year for just 10 years, that’s more than $1.5 million by the time you retire. The earlier you start investing, the more money you’re likely to make. “Those first 10 years give you all of this boost to your investments,” she says, “so I think every young person should be investing as soon as they can.”

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