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Something as simple as a pound of bacon can demonstrate the power of compound interest as it relates to your retirement savings. Say you buy a pound of bacon every week, year after year. If you contribute just a bit more money than the amount you spend on bacon to your retirement each year, you could add a sizable amount to your nest egg, especially if you start early.
To see how your “bacon” can grow and better understand the power of compounding, click here to download “Bring Home the Bacon Now, Enjoy Breakfast in Retirement.”
If you have questions about contributing to your retirement plan, click here to contact the office nearest you.