This screen lists some of the many types of Qualified Plans. Click on the name of a Qualified Plan to display a definition of the plan. |
There are three types of money: Accumulated money - the money in your savings and investment accounts. Lifestyle money - the money you consume to enjoy your desired lifestyle. Transferred money - money lost to taxes, interest (both paid and lost), and other wealth transfers that neither improve your lifestyle nor increase your savings. It's important to know that changes to any of these areas affects the others. For instance, let's assume you wanted to save more. You will either need to lower your lifestyle or better manage transferred dollars to do so. |
No math presented on this screen. |