Value of Time
Saving for Retirement
Fact: Average Stock Market Return past 50 years = 9.7%
Invest $100 per week. ($5200 per year)
Want to retire at 65 years old?
When should you start to save?
Age Value of retirement account
22 $3,406,000
27 $2,077,000
32 $1,259,000
37 $755,000
Waiting to save for retirement is a bad financial decision
Waiting 5 years (22-27) will cost you $1,329,000
Invest in a ROTH retirement account
When you get a raise, increase your weekly investment
As soon as you begin your first job……
Set up a ROTH 401K/403B account
Don’t wait!!!!