Pay Yourself First

Paying yourself first is one of the best
ways to build your retirement fund.
Annual Salary (maximum value $250,000)
75,000
Pay yourself percent 1 (maximum value 50%)
10.00%
X
 Input Error: Pay yourself percent 1
The maximum value you can enter is 50%.
Annual Amount
Monthly Amount
625.00
Pay yourself percent 2 (maximum value 50%)
5.00%
X
 Input Error: Pay yourself percent 2
The maximum value you can enter is 50%.
Annual Amount
Monthly Amount
312.50
For how many years? (maximum value 50)
25
X
 Input Error: Years
The maximum value you can enter is 50.
Rate of return (maximum value %)
6.00%
X
 Input Error: Rate of return
Enter a value between and %.
Investment Value in 18 Years
Difference

 
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Assumptions
The amount you pay yourself is invested monthly at the beginning of each month in a tax-deferred investment account. The rate of return is compounded monthly.

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