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Convince Your Kids to Save in a Language They Understand: Beer
Posted By Life Tuner On August 21, 2012 @ 1:45 pm In Money Talk | Comments Disabled
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 
Article printed from AARP: http://blog.aarp.org
URL to article: http://blog.aarp.org/2012/08/21/convince-your-kids-to-save-in-a-language-they-understand-beer/
URLs in this post:
 LifeTuner: http://www.lifetuner.org
 the power of compounding interest: http://lifetuner.org/blog/archive/2012/06/25/save-at-least-10-infographic/
 RothIRA.com: http://www.rothira.com
 Image: http://www.RothIRA.com/tower-of-beer
 RothIRA.com: http://www.RothIRA.com/
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