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Saving $10 per week from the age of 20

Start saving $10 a week when you're twenty, and by the time you're the age in the left hand column, you'll have saved the amount in the right hand column. And look how the power of compound interest makes your savings grow!

Age
Capital
Interest*
Total*
25
30
35
40
45
50
55
60
$2,600
$5,200
$7,800
$10,400
$13,000
$15,600
$18,200
$20,800
$170
$700
$1,640
$3,050
$4,980
$7,510
$10,710
$14,680
$2,770
$5,900
$9,440
$13,450
$17,980
$23,110
$28,910
$35,480

*rounded to the nearest $10

Glossary: interest
Money paid in return for the use of money. If the bank is using your money (in a savings account) they pay you interest. If you are using the bank's money (via a loan), you pay the bank money.