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“Compound interest is the eighth wonder of the world. He who understands it, earns it.” — (commonly attributed to) Albert Einstein
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Add your 6% plus the employer’s match on the first 3% to get the total annual contribution.
Did You Also Know...
By Quiz Coins
Buying mortgage points lowers your rate in exchange for an upfront cost, so you should only buy points if you’ll keep the loan long enough to break even.