Investing: Who is wiser?

By the time John turns 60, he still hasn’t caught up to Ben—and even at 73, he never surpasses him.

Who’s Smarter… Ben or John?

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Inspired by a quiz in a financial magazine, this example highlights why starting your investments today is so important.

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  • Ben, age 30, invests £1,000 a year at 10% interest, compounded annually, for 7 years (until age 37).
  • John, also 30, decides to wait. He only starts investing at 38, contributing £1,000 every year for 43 years (until age 73), also at 10% interest.
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By the time John turns 60, he still hasn’t caught up to Ben—and even at 73, he never surpasses him.

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This is the power of compound interest—starting early makes all the difference. The sooner you begin, the more your money works for you.

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Want to take your IFA skills abroad?

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Best regards,

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