A little bit can go a long way. The tables below show how money invested in your retirement plan can grow over time.
SCENARIO 1
(Assumes a $50,000 salary and no company match)
SCENARIO 2
(Assumes a $50,000 salary and a match of 50% up to the first 6% of pay)
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*Percentage of salary.
Values are for illustrative purposes only and do not reflect the results of any particular investment, which will fluctuate with market conditions. Your paycheck may reflect different amounts. An 8% average annual return rate, compounded every two weeks, is assumed. Regular investing does not ensure a profit or protect against loss in a declining market. The actual results for the period shown will vary. Retirement plan distributions are subject to ordinary income tax and, if applicable, to an additional 10% federal tax penalty on early withdrawals. Please consult your financial representative for any specific questions you may have about your situation. The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or to participate in any trading strategy. The information and/or analysis contained in this material have been compiled or arrived at from sources believed to be reliable, however Englund & Lindsteadt Financial Services does not make any representation as their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Past performance is no guarantee of future results. The information in this material may contain projections or other forward-looking statements regarding future events, targets or expectations. There is no assurance that such events or targets will be achieved, and may be significantly different than that shown here. ACR#180988 03/16
Securities offered through IFP Securities, LLC, dba Independent Financial Partners (IFP), member FINRA/SIPC. Investment Advice offered through IFP Advisors, LLC, dba Independent Financial Partners (IFP), a Registered Investment Adviser. IFP and Ridgeline Advisors are not affiliated.
The information given herein is taken from sources that IFP Advisors, LLC, dba Independent Financial Partners (IFP), IFP Securities LLC, dba Independent Financial Partners (IFP), and it advisors believe to be reliable, but it is not guaranteed by us as to accuracy or completeness. This is for informational purposes only and in no event should be construed as an offer to sell or solicitation of an offer to buy any securities or products. Please consult your tax and/or legal advisor before implementing any tax and/or legal related strategies mentioned in this publication as IFP does not provide tax and/or legal advice. Opinions expressed are subject to change without notice and do not take into account the particular investment objectives, financial situation, or needs of individual investors. Prepared by 3rd party.