Saving and Investing | Fall 2024 скачать в хорошем качестве

Saving and Investing | Fall 2024

While money doesn’t grow on trees, it can grow when you save and invest it wisely, and that growth can be the key to reaching your future financial goals. Knowing how to secure your financial well-being is one of the most important things you’ll ever need in life. In this webinar, we’ll cover the magic of compound interest and explore how to take advantage of this phenomenon for yourself. We’ll also explore different savings and investing vehicles, personal risk tolerance, strategies you can take to mitigate risk, and retirement planning. You should leave this webinar with an understanding of how and where you can invest your money to reach your financial goals. Host: Julie Heaton, Director of Sokolov-Miller Family Financial and Life Skills Center. This webinar was recorded on December 17th, 2024. The links referenced in the video are listed below: Our website: https://financialliteracy.psu.edu/ Fall 2024 webinar schedule: https://financialliteracy.psu.edu/events Link to schedule a 1:1 financial coaching appointment in Starfish: https://psu.starfishsolutions.com/sta... Compound interest calculator: https://www.nerdwallet.com/calculator... "rule of 72": https://www.investopedia.com/terms/r/... Check out high yield savings accounts here: https://www.nerdwallet.com/best/banki... Inflation calculator: https://www.53.com/content/fifth-thir... SERS contact info: https://sers.pa.gov/contact.html TIAA contact info: https://www.tiaa.org/public/tcm/psu PSERS contact info: https://www.pa.gov/agencies/psers/con... https://www.investopedia.com/articles... Examples of robo-advising or automated investing accounts: https://www.nerdwallet.com/best/inves... Examples of “do it yourself” brokerage investing accounts: https://www.nerdwallet.com/best/inves... PA 529 Plan site where you can find more information: https://pa529.com/ More info about IRA rules can be found on the IRS website: https://www.irs.gov/retirement-plans/... More on index funds: https://www.nerdwallet.com/article/in... How to invest into index funds: https://www.nerdwallet.com/article/in... Our saving & investing self study module: https://psu.instructure.com/courses/1...