Most people invest to build savings for retirement. Some choose a few funds and leave them untouched. Others dollar-cost average into the S&P 500. Then, there are the more active investors—frequently trading in and out of the market, chasing returns.

• The truth? Every time you make a change, you’re some degree of wrong. Timing the market perfectly is impossible.
• What really works is time in the market, not timing the market.

The power of compounding is incredible. Assuming a midpoint of your 30-year contributions (around year 15) and historical returns between 17-25%, your savings could grow significantly over time.

Example:

If you earn an average of $100,000 annually and save 10% each year, you’d accumulate $300,000 in savings after 30 years. With the power of compounding, this could grow to between $3 million and $7.5 million by retirement.

All it takes is patience—and giving up the excitement of frequent trading.
Stay the course. Let time work for you.