7 Benefits of Starting a 401k Early in Your Career

<p>If you&rsquo;ve just landed your first job, you may not be thinking about retirement. But starting a 401(k) early in your career can provide numerous benefits, both now and in the future. Here are seven reasons why starting a 401(k) early is a smart financial move.</p> <p><strong>1. Compound interest</strong></p> <p>The earlier you start contributing to your 401(k), the more time your money has to grow. Even if you can only afford to contribute a small amount each month, the power of compound interest means that your contributions will grow over time. By starting early, you can take advantage of compounding to build a substantial retirement nest egg over the long-term.</p> <p><a href="https://medium.com/@mike.burke7187/7-benefits-of-starting-a-401k-early-6863baf7de7c"><strong>Learn More</strong></a></p>