Part 6/10:
Tara’s financial plan encompasses an initial investment of $50,000 into her retirement fund, coupled with a $4,000 monthly contribution. Projected over 20 years with an 8% annual return, this systematic investing can grow to approximately $2.4 million—a substantial nest egg for her retirement. This underscores a vital principle: consistent, disciplined investing typically outweighs attempting to time the market or making sporadic contributions.