Do you know how much you need to save to have $1,000,000 at Social Security retirement age of 67?

1. YOU MUST SAVE $1,000,000 BY SOCIAL SECURITY RETIREMENT AGE OF 67
$0 Beginning Balance SAVING THROUGH A MUTUAL FUND IN A ROTH IRA
IF YOU BEGIN AT 16 YRS OLD YOU MUST SAVE $25 PER MONTH* UNTIL AGE 67
17 $26
18 $29
19 $33
20 $37
21 $41
22 $47
23 $53
24 $59
25 $67
26 $75
27 $85
28 $95
29 $108
30 $121
31 $137
32 $154
33 $174
34 $197
35 $222
36 $251
37 $284
38 $321
39 $363
40 $410
41 $671 PER MONTH** UNTIL AGE 67
42 $748
43 $834
44 $931
45 $1040
46 $1165
47 $1306
48 $1467
49 $1652
50 $1864
51 $2566 PER MONTH*** UNTIL AGE 67
52 $2871
53 $3225
54 $3640
55 $4131
56 $4717
57 $5429
58 $6310
59 $7421
60 $8861
61 $10,795
62 $13,520
63 $17,629
64 $24,507
65 $38,306
66 $79,790
* 12% AVERAGE ANNUAL RETURN ** 10% AVERAGE ANNUAL RETURN *** 8% AVERAGE ANNUAL RETURN
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.
An investor should consider the investment objectives, risks, charges and expenses of
mutual funds carefully before investing.
FOR TRAINING PUPOSES ONLY