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Cost of delaying savings

What this is

The most expensive years of compound interest are the earliest ones.

Start saving at 25 vs 30 vs 35: the gap at retirement is shocking. The cost of a 5-year delay can be six figures, because those early dollars compound for the longest.

Start now FV

$502,258

Delayed FV

$346,497

Cost of delay

$155,761

Start now vs delay 5 years

Start now$502KDelayed 5 yr$346KCost of delay$156K

Compounding works best with TIME, not amount. $500/month from age 25 beats $1,000/month from age 35 over a 65-year retirement target — the early years dominate.

Disclaimer

Educational, not financial advice. Output is generated by an AI assistant using simplified assumptions. Tax rates, contribution limits, and benefit amounts change annually; confirm with a CFP, CPA, or the relevant Canadian regulator (CRA, FSRA, OSC, IIROC) before acting.