Investing: early beats often

Take three typical investors:

Investor A invests $1,200 a year for 10 years beginning at age 18. Then he does nothing for the next 39 years.

Investor B invests $1,200 a year for 27 years starting at age 40.

Investor C invests $1,200 a year for 49 years.

Who has the most money assuming a 6 percent return?

Clearly, Investor C has the most. C put in $58,800 and ends up with $368,035.

But what of A and B?

A put in $12,000 and ends up with $184,793.

B still comes in last. B put in $32,400 and ends up with $85,896.

The moral from Kiplinger's Personal Finance? Early (investor A) beats often.