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Convince Your Kids to Save in a Language They Understand: Beer
By Life Tuner, August 21, 2012 01:45 PM
Over at LifeTuner, we were pretty proud of our infographic that depicted the power of compounding interest, but we may have just been outdone.
The folks over at RothIRA.com have put together a great graphic that shows how saving small early can lead to big gains by converting dollars into a more attractive retirement goal: a giant tower of beer.
The savings rate is a little on the small side ($1/day), so throw in a tidbit about being able to save enough for a Lake Huron-sized tub of nachos if they contribute to an employer 401(k) plan, as well.
From: RothIRA.com