Nicole Lappin

Okay. Oh, we have one on our website. There are also so many out there. You can just search for one. And it's, I mean, dare I say fun to put in different scenarios to see how you can tweak your budget and how that affects your retirement savings. So you can put in the calculator how much you plan on contributing to your retirement accounts, and then you can put in an estimated interest rate.

So for the estimated interest rate, maybe put in 7% if you're planning on using a mix of funds that mimic the overall market and bonds. And then you can use the calculator to see

So for the estimated interest rate, maybe put in 7% if you're planning on using a mix of funds that mimic the overall market and bonds. And then you can use the calculator to see

So for the estimated interest rate, maybe put in 7% if you're planning on using a mix of funds that mimic the overall market and bonds. And then you can use the calculator to see

if you'll reach 1.5 million dollars through the contributions that you're making or if you'll be short and how you can sort of jigger it to get where you want to go so of course the historical average of the stock market is not guaranteed over time it will yield about 10 percent not inflation adjusted over time inflation is about three percent so inflation adjusted would be around

if you'll reach 1.5 million dollars through the contributions that you're making or if you'll be short and how you can sort of jigger it to get where you want to go so of course the historical average of the stock market is not guaranteed over time it will yield about 10 percent not inflation adjusted over time inflation is about three percent so inflation adjusted would be around

if you'll reach 1.5 million dollars through the contributions that you're making or if you'll be short and how you can sort of jigger it to get where you want to go so of course the historical average of the stock market is not guaranteed over time it will yield about 10 percent not inflation adjusted over time inflation is about three percent so inflation adjusted would be around

But I think it's a helpful gauge of just how much you need to put away in order to meet those retirement goals. So does that make sense?

But I think it's a helpful gauge of just how much you need to put away in order to meet those retirement goals. So does that make sense?

But I think it's a helpful gauge of just how much you need to put away in order to meet those retirement goals. So does that make sense?

yes yes absolutely so you have a traditional ira there's also a roth ira if anyone needs a refresher basically taxes are the difference there in a traditional ira you're paying pre-tax dollars but when you take that money out you have to pay taxes on it you can't just get away from taxes in this scenario you're gonna have to eventually pay them with a roth ira you're paying

yes yes absolutely so you have a traditional ira there's also a roth ira if anyone needs a refresher basically taxes are the difference there in a traditional ira you're paying pre-tax dollars but when you take that money out you have to pay taxes on it you can't just get away from taxes in this scenario you're gonna have to eventually pay them with a roth ira you're paying

yes yes absolutely so you have a traditional ira there's also a roth ira if anyone needs a refresher basically taxes are the difference there in a traditional ira you're paying pre-tax dollars but when you take that money out you have to pay taxes on it you can't just get away from taxes in this scenario you're gonna have to eventually pay them with a roth ira you're paying

taxes now, so you don't have to pay taxes later. Neither of them are tax-free. It just changes when you pay your taxes, whether it's on contribution or it's on withdrawal. Does that make sense? Yes. Yes. Do you have any questions there?

taxes now, so you don't have to pay taxes later. Neither of them are tax-free. It just changes when you pay your taxes, whether it's on contribution or it's on withdrawal. Does that make sense? Yes. Yes. Do you have any questions there?

taxes now, so you don't have to pay taxes later. Neither of them are tax-free. It just changes when you pay your taxes, whether it's on contribution or it's on withdrawal. Does that make sense? Yes. Yes. Do you have any questions there?

Okay, good. So you have a traditional IRA, which means you're paying pre-tax dollars, but you're going to have to pay tax on it when you take that money out. But you don't have to limit yourself to one or the other. Did you know that? You could get more than one. You could get both. I have both. Okay.

Okay, good. So you have a traditional IRA, which means you're paying pre-tax dollars, but you're going to have to pay tax on it when you take that money out. But you don't have to limit yourself to one or the other. Did you know that? You could get more than one. You could get both. I have both. Okay.

Okay, good. So you have a traditional IRA, which means you're paying pre-tax dollars, but you're going to have to pay tax on it when you take that money out. But you don't have to limit yourself to one or the other. Did you know that? You could get more than one. You could get both. I have both. Okay.

Yeah, you don't have to be like team Roth, team traditional. You can be team everybody. Like the more the merrier actually when it comes to these retirement accounts. So I personally have a 401k. I have a Roth IRA. I have a traditional IRA. I have a SEP IRA, which is like a special IRA that...