Ryan posted a while back that our 401K had grown 14% in the first quarter. Let’s walk this through.
Ok, so let’s say you put $100 one month out of you pay check, just one month. It comes out before taxes do so you would probably be down about $80.
Then the company would match that $100 in you account. You now have $200 in your retirement account. It gains 14% Now your account has $228 in it and you’re only feeling the $80 down. And this is only one month.
I don’t know about you, but if someone walked up to me and said “if you give me $80, I’ll give $228” I’d do it every day.
The question is, why aren’t you?
See Ryan if you want to start to contribute to your retirement today and get free money.
Troy.