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You can save $213,964 by avoiding this ‘smart’ person’s mistake

Andrew Hobbs

What if you were told there was a way to save $213,964 by doing absolutely nothing?

If you’re 30, and you invest $100,000 at the beginning of that year, by the time you retire at age 67 you can do just that, according to research from Morningstar.

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Andrew Hobbs covers self-managed superannuation funds (SMSFs), financial planning, retirement, inheritance, tax, personal finance and, sometimes, the Perth Bears. He has been a financial journalist for 30 years, previously at Bloomberg and AAP.

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    Original URL: https://www.afr.com/wealth/investing/buy-and-hold-investment-strategy-advantages-20250624-p5m9s1