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[answered] Below you will see notes from the lesson labeled Dave Ramse


Below you will see notes from the lesson labeled Dave Ramsey + the Make Your Money Grow worksheet.??

AssignmentFunding 401(k)s and IRAs: Make Your Money Grow, Year After Year

For this assignment, you will complete an investment chart based on the salary and benefit information of several investors. To complete the activity:

  1. Download the Make Your Money Grow document it is below ---- (attached)?
  2. Assume each person is following Dave?s advice of investing 15% of his or her annual household income.
  3. Follow the sequence of contributions recommended in the lesson. Always take advantage of a match and fund 401(k).
    1. Above the match, fund Roth IRAs.
    2. If there is no match, start with Roth IRAs.
    3. Complete 15% of income by going back to your 401(k) or other company plans.
  4. Carefully review each investor's information prior to completing the chart.
  5. You will need a calculator to complete this activity.

 


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