Time Is On Your Side

Consider the savings habits of this 20-year old couple.  The wife starts putting $2,000 per year into a tax-deferred investment when she is 20.  After 10 years, she decides to stop investing and just let her money grow until she retires.   The husband decides to start investing when his wife stops.  He invests $2,000 a year in a tax-deferred investment from the time he is 30 until he retires at age 65.  If they both earn 8% on their savings, who will have more money at age 65?

 

                      This example is provided for illustrative purposes only and is not
                      intended to project the performance of a specific investment vehicle.
                     Investing involves risk and you may incur a profit or a loss.

                            Please call Yvonne or Rick at (956) 787-7010 for further inquiries.

                            Thank you.

                             < Regreso