If you’re saving for retirement with each pay, it might not seem like it will amount to much. But, keep filling your account up, give it some time to compound and when you turn the corner, maybe you too might end up with a birdbath full of retirement assets!
When my dog was just a puppy, I spent a rainy afternoon training him on commands. It was around Easter, so to keep his interest, he’d sit while I filled 3* plastic eggs with hot dog pieces, stay in one room while I hid them in the other and wait until he was called to come find his eggs. We both proudly showed off our new skills when my husband came home that day.
How saving for retirement it like hot-dog-filled eggs!
Saving for retirement can be the same way. If you’re saving for your retirement nest egg with each pay, it might not seem like it will amount to much. But, keep filling your account up, give it some time to compound and when you turn the corner, maybe you too might end up with a birdbath full of retirement assets!
Use the Wealth Building Calculator to see how compounding can work for you! (Note: the calculator is for illustrative purposes only). Click here to start the calculator, or visit our Participant Education Center to find this and other planning calculators.
** 10 years later and we still play the Easter Egg Game. Though, as pet owners know all too well, we have to spell out the name if we’re not ready to play it at that exact moment!
Melissa Varvarezis, CFP®, is an Communication and Education Specialist with BPAS Fiduciary Services.