Let compounding do the work for you. If you put away $200 per month at age 30, and your investment grows 8% annually, by the time you reach 65, you could have $458,776 in your retirement account. However, starting at age 40 and saving $200 per month with an annual return of 8% would result in $190,205 at age 65.*
Starting
at Age |
40 |
30 |
||
Years
Invested |
25 |
35 |
||
Amount
Contributed |
$60,000 |
$84,000 |
||
Average
Annual Return |
8% |
8% |
Take the first step to begin realizing your dreams.
A successful financial
plan begins with a list of your personal goals.
List your dreams and goals.
When creating
your list, consider activities and interests you would like to pursue
during retirement; when or at what age you would like to experience
your dreams; and how much annual income will be required to fulfill
your needs and interests.
I want to ________________.
I need to
________________.
Next step: Create
Your Plan
Please Note:
* The illustration is based on a hypothetical investment and does
not include taxes, fees, or inflation.
Past performance is no guarantee of future results.
Saving for retirement can be
easier than you think-- if you
begin preparing today.