Two New Jersey Teachers report the same salary history. The first year they earned $30,000 with annual increases of 3 percent. 10 percent of their salary was contributed to their 403(b) account. The contributions generated an 8-percent return. After 40 years, Teacher A has an account value of $700,000, while Teacher B has an account value of $1.1 million.
Q.: Why the massive difference?
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