Wednesday, August 6, 2008

On Track to Saving Millions


Here are some numbers I wanted to share with you on saving and investing to accumulate 1 million dollars (and more).




The 30-Year Millionaire: Saving & Investing $675 a Month, Tax-Deferred at 8 Percent

5 years: $49,596
10 years: $123,488
15 years: $233,575
20 years: $397,588
25 years: $641,942
30 years: $1,005,992


The 25-Year Millionaire: Saving & Investing $1,050 a Month, Tax-Deferred at 8 Percent

5 years: $77,150
10 years: $192,093
15 years: $363,340
20 years: $618,417
25 years: $998,557
30 years: $1,564,877


The 20-Year Millionaire: Saving & Investing $1,700 a Month, Tax-Deferred at 8 Percent

5 years: $124,910
10 years: $311,008
15 years: $588,264
20 years: $1,001,334
25 years: $1,616,744
30 years: $2,533,611


The 15-Year Millionaire: Saving & Investing $2,900 a Month, Tax-Deferred at 8 Percent

5 years: $213,082
10 years: $530,543
15 years: $1,003,510
20 years: $1,708,159
25 years: $2,757,976
30 years: $4,322,042


You can see by the numbers above what an impact monthly saving and investing can have on your future savings. Plan for your future now by looking for ways to set aside money each month. You may want to look into building a business with ViaViente because working a
ViaViente business just part-time can help you with your investment planning. Sharing this info with others, as one of the top reasons to have a homebased business, is a great way to build a team.

Here's to your success,
Sheri Sharman

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