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What you earn on your savings can literally change your life, especially over time. Consider this: If you save $500, then add $500 monthly to your savings for 30 years and earn 2%, you’ll end up with around $250,000. But if you can earn 10% on those savings for 30 years, you’ll end up with $1,140,000. That’s about $900,000 more, which could mean an entirely different retirement.
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