Compound interest

These 3 Charts Show the Incredible Power of Compound Interest

Retired basketball legend Michael Jordan has made the most of his life after court. Isaac Brekken/Stringer/Getty Images One of the biggest financial benefits is something anyone can access by opening a simple retirement account: compound interest . Retirement accounts such as 401(k)s and Roth IRAs aren’t just savings accounts — they’re actively invested and therefore […]