Spend It or Invest in an IRA?1

Spending money today has a retirement price tag on it. What you fail to put away today for your retirement will impact how much you have available to you when you are ready to retire. That price tag will depend on how many years you are away from retirement and the rate of return you could receive on those funds over the savings period.

1 Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment, tax or legal advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.