1. Retirement Savings Plan Created by Shaun SenkerShaun Senker Senker28@students.rowan.edu

2. Beauty of Retirement This is the time that you have worked up for your whole life The time to do whatever it is that interest you whether it is traveling or just simply relaxing A place where you should be worry free financially Click the picture for a savings plan

3. Planning in Saving for Retirement Retirement is accomplice best by having set goals financially to help you be where you want to be for the next years of your retirement Click here to see a savings plan

4. Reasons to Start Saving Now! I plan on start working at the age of 22 The first job I will have will be in the business field of accounting The average salary for that job is $42,000 My goal is to work for 44 years and retire at age of 66 My life expectancy is at 84 years old so I will be retired for 18 yearslife expectancy

5. Some Facts of Retirement Average Inflation Rate is 2.15% Average Inflation Rate Average Savings Rate is 5.50% Average Savings Rate With theses Averages my salary before retirement will be $80,315

6. Benefits of Saving Early When I start working at the age of 22 if I start saving $5,204 annually and then by the time I retire my totals savings would be $903,233 Click the picture for a savings calculator

7. This graph shows how starting to save as soon as possible will make it easier to retire sooner

9. SalarySavings% of Salary Saved Start Savings Immediately $ 42,000$5,20412% Start Savings 10 Years Later $51,956$9,60118% Start Savings 15 Years Later $57,786$13,33923% Start Savings 20 Years Later $64,271$19,00030% Start Savings 25 Years Later $71,484$28,13639% How Time Helps As the years go on the more the percentage of salary savings goes up

10. Sources “More Retirement” CNN Money. Online.Availability: http://money.cnn.com/retirement/ http://money.cnn.com/retirement/ “Set your Retirement Goals” Vangaurd. Online.Availability: https://personal.vanguard.com/us/insights/retirement/saving/set- retirement-goals https://personal.vanguard.com/us/insights/retirement/saving/set- retirement-goals Brown, David. “Life Expectancy Hits Record High in United States” The Washington Post. June 12, 2008. Online.Availability: http://www.washingtonpost.com/wp- dyn/content/article/2008/06/11/AR2008061101570.html http://www.washingtonpost.com/wp- dyn/content/article/2008/06/11/AR2008061101570.html “Historical Inflation” Inflation Data.Online.Availability: http://www.inflationdata.com/inflation/inflation_rate/historicalinflation.as px http://www.inflationdata.com/inflation/inflation_rate/historicalinflation.as px “Interest Rates” B&E Personal Banking. Online.Availability: http://www.be.com.au/index.php?option=com_content&view=article&id =160&Itemid=194 http://www.be.com.au/index.php?option=com_content&view=article&id =160&Itemid=194 “Money-Zinc”.Online.Availability: http://www.money- zine.com/Calculators/Retirement-Calculators/Retirement-Savings- Calculator/ http://www.money- zine.com/Calculators/Retirement-Calculators/Retirement-Savings- Calculator/