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Closing the Gap  

Closing the Gap

Author: MO Deferred Comp Plan

A monthly podcast, specifically for State of Missouri employees, where the MO Deferred Comp Plan provides tips and strategies on how to 'close the income gap' in retirement.
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Language: en-us

Genres: Business, Education, Investing

Contact email: Get it

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iTunes ID: Get it


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Compounding Interest Explained
Episode 6
Tuesday, 4 March, 2025

What exactly is compounding interest? How does it work? And why should you care about it? In this episode of Closing the Gap, Kate Kuse – a financial education professional for the MO Deferred Comp Plan – does a deep dive into this topic and answers common questions about one of the most powerful tools in personal finance—compounding interest. 

 

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