Unformatted text preview: In other words, the longer you are invested, the better. Investing for 45 years at 8 percent, for example, yields almost $100,000 more than investing for 35 years at 11 percent. Eight percent is a much more conservative estimate, and you will be able to sleep more easily, without the worry of a volatile market. One last piece of advice would be to “pay yourself first”. Your paycheck will show multiple deductions for federal income tax, Social Security tax, various insurances, and so on. Why not add an automatic deduction to a retirement plan? We look forward to hearing from you. Bob and Maryann...
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This note was uploaded on 08/21/2011 for the course COMP 230 taught by Professor Phil during the Spring '11 term at DeVry NY.
- Spring '11