Achieving financial goals involves tradeoffs between three investment components:
Target goal, Time and Rate of Return.
Current savings
Target goal, Time and Rate of Return.
- For example, the larger the goal, the more you will need to invest.
- If you can earn a higher return, you may be able to reach the same goal by investing less.
- If you can wait longer to reach the goal, you will need to invest less.
- If you need to reach your goal sooner, you will need to invest more.
0
|
1,000,000
|
25.00
|
4.00%
|
Select time period |
|