Cash Back can Put Child Through College or Buy That Condo in Florida.

1. CashBackCat.com Completes Study of
Compounded Cash Back
Cash Back can Put Child Through College or Buy That Condo in Florida.
Las Vegas, Nevada, November 05, 2014 -- CashBackCat.com has completed a Special
Report studying the cash back earned by shoppers. Instead of the cash back being spent,
what happens if the cash back was saved and earned compounded interest?
How important is getting cash back on every purchase you make and keeping it, instead
of spending it, sock it away for your child’s college education or for your retirement.
Here are the facts, the numbers don’t lie.
These figures are derived from customer
behavior and statistics from CashBackCat.com, a
cash back and deals website.
If you are a periodic, moderate online shopper
and you earn $100 a year in cash back rebates
each year and you invest that $100 each year for the next 20 years you will have earned
$5, 017.03 (assuming your investment was in the S&P 500 (Standard & Poors 500), the
stock market benchmark, which earned 7.4% per year on average over the last 10 years.)
If you are a regular online shopper and you earn $500 a year in cash back rebates and you
invested your $500 each year over the next 20 years you will have earned $25,085.16
(again, using the S&P500 average annual return rate of 7.4%)
If you are an active shopper, you would earn roughly $1,000 a year in cash back rebates.
If you invested those each year for 20 years you will have earned $50,170.33, providing
you received the rate of return of 7.4%.
Want to retire with a Free Gift of $370,878.61? All you have to do is start at 25 years old
investing your $1,000 a year in cash back, each and every year, then at 70 years old you
will have a windfall of almost $400,000. For some of you 70 sounds like a long way
away, but you will see how fast the years go by after 40. The great thing is, is that
anybody can do this, it’s free money being invested with the super power of

2. compounding. You can use this money for your
child’s college fund, put it in your IRA or Roth IRA,
or simply into an investment account.
Investing in a 529 College-Savings Plan will allow
your after-tax contribution to grow tax-free. Earnings
can be withdrawn without tax liability as long as you
are paying college expenses. To get more information
on 529 Plans talk to your financial advisor. If you do
not have a financial advisor, ask your friends or family members for a referral. Stick with
a large reputable investment firm.
Investing your Cash Back in your IRA or Roth IRA is also a top solution. Investing in
your IRA will allow your Cash Back investment to be a deduction and un-taxed and
allowing the contribution to grow tax-free. You will have to pay taxes on your earnings
when you begin withdrawing. A better alternative to your IRA is the Roth IRA. With the
Roth IRA you use your post-tax Cash Back, yet your contribution grows tax-free and any
and all withdrawals are tax-free. Ask your investment advisor for more details and also
ask for the best “No-load” fund or ETF (Exchange Traded Fund) that invest in the S&P
500. This way you don’t have to be worrying about your investment. Just invest it and
forget about it. Do not touch this money unless you have met your goals. If your goal is
to not touch this money until you are 65 – stick with it. If your goal is to save up for that
once in a lifetime vacation, well then take it and enjoy.
To continue to the full Report Click Here.
About John Freeland
John Freeland is the President and CEO of www.CashBackCat.com. His goal is to help
online shoppers save money by providing amazing cash back rebates, coupons and
exclusive deals on everyday items. John blogs at www.blog.CashBackCat.com and can
also be reached at John@cashbackcat.com. John is also an investor and owner of various
companies in a variety of industries ranging from real estate to ecommerce to investment
banking.
About CashBackCat.com
CashBackCat.com is a Cash Back Rebate and Coupon website offering up to 50% Cash
Back on over 1,600 partnered stores on its website. CashBackCat’s goal is to save
members as much as possible when shopping by using cash back rewards and coupons.
Membership is Free and new members receive a $5 Welcome Bonus upon registering. To
receive special discounts and cash back deals, sign up for the weekly newsletter, The
Smart Shopping Newsletter at www.blog.CashBackCat.com.

3. Contact:
John Freeland, President and CEO
CashBackCat.com
Las Vegas, Nevada
Direct: (661) 388-1900
john@cashbackcat.com
http://www.cashbackcat.com