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Definitions
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| Years to save: |
The number of years you have to save. |
| Amount to save: |
The amount you wish to have in savings at the end of this savings plan. |
| Amount currently saved: |
Total you currently have saved or toward this savings goal. |
| Savings per month: |
The amount you will contribute each month to your investments. |
| Expected Rate of Return: |
Annual rate of return on your savings. For example, the long-term rate of return for the stock market is about 10%. A savings account earns 2% to 5%. |
| Expected Inflation Rate: |
What you expect for the average long-term inflation rate. |
Information and interactive calculators are made available to you as self-help tools for your
independent use. We can not and do not guarantee their accuracy or their
applicability to your circumstances. We encourage you to seek personalized
advice from qualified professionals regarding all personal finance
issues.
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