What do financial planners emphasize about saving and investing?

Financial planners emphasize the importance of starting to save and invest early because of the impact of compound interest and the time value of money. When individuals begin saving and investing at a young age, even small contributions can grow significantly over time due to compounding. This principle means that the earlier one starts saving, the more time their money has to increase in value, which can lead to greater wealth accumulation in the long run.

Additionally, starting early allows individuals to take on a more aggressive investment strategy if they choose, as they have time to recover from potential market volatility and risks. This long-term approach helps individuals achieve their financial goals more effectively, such as retirement savings, purchasing a home, or funding education. Overall, the focus on early action is fundamental in financial planning, as it sets the foundation for future financial stability and success.