Save early to earn more Prabhakar Sinha | TNN Time is money, goes the saying, which holds true in almost all aspects of life. But, it is more so in case of savings. If you start saving early, by the time you retire, you will have enough money to lead a prosperous retired life. When you start saving early, your saved amount gets a longer time to earn returns. Take for example, if you start saving at the age of 25, or just at the time when you get your first salary, your savings of Rs 5,000 per month, at a conservative return of 10% per annum, will swell to Rs 1.91 crore in 35 years or by the time you retire at the age of 60. But, if you start saving late, say, at the age of 30, your saving of Rs 5,000 per month will become Rs 1.14 crore. If you start at 35, the amount will become only Rs 67 lakh. And, at the age of 35, even if you start saving double the amount i.e. Rs 10,000 per month, by the time of retirement, that will become only Rs 1.34 crore. This is called power