-
I was born on March 7th, 1998.
-
My parents opened a savings account up for me when I was 4. I deposit money from my birthdays, holidays, and presents.
-
I go to college, and I need to take out college loans for it.
-
I get a job. My job offers a 401K. I use this for my retirement.
-
I get married, and we have kids. I start an EdVest to help pay for my childrens college.
-
My wife and I buy a house. We take out a loan for it. At this time, I have paid off all my college loans.
-
My wife and I start to invest in bonds and stocks hoping to make some money.
-
The stocks that we invested in are doing very well, and this might lead to a quicker retirement.
-
The EdVest starts to pay off as my children start to go to college.
-
The stocks are doing well, and there is a lot of money in my 401K. Retirment is close.
-
I retire, and withdraw my money from my 401K. I have a good retirement.