Bank Interest vs. Mutual Fund Growth
 
 
The following chart shows the annual return on an investment in five-year increments.  If you were to begin saving now, an amount of $100 per month, the following chart details your possible investment return showing a variety of percentages and years. 
 
 

Annual Return

5
Years

10
Years

15
Years

20
Years

25
Years

1.5% Bank Account

 
$6,226

 
$12,938

 
$20,171

 
$27,968

 
$36,372

5.0% Money
Market Fund

 
$6,800

 
$15,528

 
$26,728

 
$41,103

 
$59,550

10.0% Stock
Mutual […]

Retirement Issues & Musings & Random Thoughts
 
I’ve created numerous budgets for possible retirement scenarios.  The one thing that seems to always come to light, is that I need to work more, save more, spend less and prepare for the unexpected. 
 
For all of you who are in the state of denial, consider these […]