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tinyurl/3vcjtkj

http://tinyurl.com/3vcjtkj. http://tinyurl.com/3vcjtkj. Organize Save Progress. Net Worth. EMERGENCY FUND. $300 transfer from emergency fund. RETIREMENT FUND. Compound Interest. $3,000 saved x 2.5% interest -------------------- $75 interest 1st year.

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tinyurl/3vcjtkj

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  1. http://tinyurl.com/3vcjtkj

  2. http://tinyurl.com/3vcjtkj

  3. Organize Save Progress

  4. Net Worth

  5. EMERGENCY FUND

  6. $300transferfromemergency fund

  7. RETIREMENT FUND

  8. CompoundInterest

  9. $3,000 savedx 2.5% interest--------------------$75 interest 1st year

  10. $3,075 1st year + $3,000 2nd yearx 2.5% interest--------------------$151 interest 2nd year

  11. $3,075 1st year + $3,000 2nd yearx 2.5% interest--------------------+ $151 interest$6,226 saved in 2 years

  12. $3,000 each yearx30 yearsx2.5% interest---------------------$135,000

  13. $3,000 each yearx30 yearsx4% interest----------------------$175,000

  14. SMART INVESTING SERIES Chapter 1: Your Financial Fitness Chapter 2: Designing Your Budget Chapter 3: Banking Basics Chapter 4: Establishing Credit Chapter 5: Credit & Identity Theft Chapter 6: Controlling Debt Chapter 7: Tips for Daily Savings Chapter 8: Saving for the Future

  15. Individual Retirement Accounts IRS.gov/retirement

  16. Traditional • Paycheck • IRA $ • -------------- • = Gross pay • - taxes • Roth • Paycheck • - taxes • -------------- • = Gross pay • IRA $

  17. Traditional Age 59.5+ Withdraw $ - taxes

  18. $5,000 Under age 50 $6,000 over age 50

  19. Withdraw $$$ Any Age

  20. Withdraw tax free Over age 59-1/2

  21. $5,000 yearly IRA x 20 years ------------------------ $100,000 plus interest

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