![At 25 years, a stack of zero coins. At 35 years, a stack of 5 coins. At 40 years, a stack of 37 coins.](https://rcbbank.bank/wp-content/uploads/2020/03/Power-of-Time-Web-Image-01-1024x576.jpg)
Compounding is a powerhouse tool when it comes to building wealth. When you put money into an investment account, you earn a varied rate of return on the balance. If you leave your money in the account, it can grow. An RCB Bank wealth advisor can help you plan a savings strategy built for your individual lifestyle goals and needs.
Example #1: College Savings
The Jones and Smith families each have a baby and start saving $150 per month for their child’s college education. The Smith’s use an investment account to build more wealth.
![Website College Savings Image With no annual return, the Jones' had $10,800 after six years, $21,600 after twelve years, and $32,400 after eighteen years with a kid going off to college. With a 6% annual return, the Smiths had $12,960 after six years, $31,344 after twelve years, and $57,422 after eighteen years with a kid going off to college.](https://rcbbank.bank/wp-content/uploads/2020/03/Website-College-Savings-Image.png)
Example #2: Retirement Savings
Kyle Jones and Kelly Smith put $400 per month into their retirement accounts and earn the same rate of return. Kelly started saving at age 25 while Kyle waited until he was 35 to start.
![Website Retirement Image Kelly and Kyle both save $400 a month, but Kelly started saving sooner and has more money after 40 years](https://rcbbank.bank/wp-content/uploads/2020/03/Website-Retirement-Image.png)
Connect with an RCB Bank Trust Wealth Advisor in your area.