Fun Fact of the Day, June 11, 2018

June 11, 2018

MORE TIME OR MORE MONEY - A 30-year old individual investing $523 at the beginning of every month in a pre-tax account earning +8% annually would accumulate $1 million by age 60 assuming the monthly investment is increased +3% per year.  A 30-year old will need a monthly investment of $730 (assuming +3% increase per year int he monthly investment) if the pre-tax account earns only +6% annually to accumulate $1 million by age 60.  A 30-year old individual investing $523 at the beginning of every month in a pre-tax account earning +6% annually would accumulate $1 million by age 64 and 4 months assuming the monthly investment is increased +3% per year.  These hypothetical examples are for illustrative purposes only and are not intended to predict the returns of any investment choices.  Rates of return will vary over time, particularly for long-term investments.  There is no guarantee the selected rate of return can be achieved.  The performance of investments will fluctuate with market conditions.  Regular investing does not ensure a profit or protect against loss in declining markets  Investors should consider their ability to continue purchasing shares during periods of low price levels (source: BTN Research).

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