Solved! Get answer or ask a different Question 1661

Net Surplus or Deficit

Savings Information:

Amount saving $200 per month grows to over 40 years ______________________________

Amount 401K basic contributions grows to over 40 years _____________________________

Amount delaying savings until 20 years from now grows to ____________________________

Amount delaying savings until 20 years but bigger contribution grows to _________________

Combined Savings and 401K if start early ____________________

Please note we have made some basic assumptions about interest rate and no change in contributions. Changing either of these slightly can greatly alter your results.