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!!!!