August 2021 – Save Early, Aim for Your Goal

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Contributing to your employer’s retirement plan as soon as you’re eligible is crucial to meeting your retirement goals. The earlier you start saving, the more time compounding interest has to work on your behalf. Putting off contributions today means increased contributions to reach the same goals tomorrow.

For example:

Shane, Maria and Nadia are each beginning their retirement savings journey today and each wish to accumulate $300,000. How much do they need to contribute to meet their goal?

 

 

*Assumes an average rate of return of 8%. These examples are hypothetical in nature, do not represent any specific investment, and do not account for any fees or expenses associated with an actual investment. Investing involves risk, including the possible loss of principal.

For more information on your company’s retirement plan, contact us at mark.culver@epiqwest.com or call (303) 442-3670.

 

Epiqwest Culver Wealth Advisors, LLC * 360 Interlocken Blvd., #104 * Broomfield, CO 80021 * (303) 442-3670

www.epiqwest.com

 

Advisory Services offered through Epiqwest Culver Wealth Advisors, LLC, an SEC Registered Investment Advisor * Securities Offered Through Valmark Securities, Inc. Member FINRA, SIPC *130 Springside Dr., #300, Akron, OH 44333-2431 * 1-800-765-5201 * Epiqwest Culver Wealth Advisors, LLC and Retirement Plan Advisory Group are separate entities from Valmark Securities, Inc.

ACR# 3665042 07/21

 

 

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