A parent’s responsibilities are seemingly never-ending and ever-growing. All parents want to make sure they’re teaching their children everything they need to know before they set out into the world on their own, but one thing that’s especially critical for parents to consider and prioritize is saving for their children’s future. $10,000 invested at age 25 will grow to $250,000 by age 60 at 10%. Meanwhile, $10,000 invested at birth will grow to $3 million by age 60. The first 25 years really matter!
