IRA vs 401K By James Traylor Michael Pan Melissa Sy James Ayoub Team 6.

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Presentation transcript:

IRA vs 401K By James Traylor Michael Pan Melissa Sy James Ayoub Team 6

Objective Evaluate 401k vs IRA Evaluate 401k vs IRA Compare Pros & Cons Compare Pros & Cons Maximize returns in the Long run Maximize returns in the Long run Find most useful techniques to solve our dilemma Find most useful techniques to solve our dilemma

Scenario We will be investing 20% of our Salary into the IRA/401K We will be investing 20% of our Salary into the IRA/401K Take into account inflation Take into account inflation We are an average Male Engineer just recently graduated from college We are an average Male Engineer just recently graduated from college

Results The end result will be whatever plan gives us the most return on our money in the end. This plan will be most worthwhile. The end result will be whatever plan gives us the most return on our money in the end. This plan will be most worthwhile. There might be alternative options as well since everything is not black and white. There might be alternative options as well since everything is not black and white.