Plan for Your FUTURE

How many people drink beer or other forms of alcohol?

How many people smoke cigarettes or cigars?

How many people buy an occasional marijuana joint?

How many people go out to dinner?

How many people go to a movie?

How many people go to a concert?

How many people go to a professional athletic competition?

Have you ever counted up all the money each month or each year that you spend on these activities?

Do you think you could save $2.50 each day?

THINK ABOUT THIS...

If you saved $2.50 each day, 7 days a week and at the end of each month deposited that money into a MUTUAL FUND (and there are numerous kinds of mutual funds so some research has to be done here), after 40 years of doing this, you would have in that Mutual Fund Account about $500,000.

If you started at 25 you would be done at 65.

If you and your spouse both did this, you would have $1,000,000

A general rule of thumb:  for every $100,000 invested, you should receive $400/month in interest earned...

So, for $500,000 that would be $2,000/moth

and for $1,000,000 that would be $4,000/month

Average Social Security payout at full retirement is about $1,500/month

RETIREMENT

Single  --  one would receive $3,500/month

Couple  --  one would receive $7,000/month