Whether they’re worried about credit card debt or just don’t have enough stashed away in a savings account, millennials face many financial obstacles that prevent them from saving for retirement. Setting aside money for retirement may not be at the top of this younger generation’s priority list when it comes to budgeting and organizing their finances, but there are several perks younger investors enjoy that many aren’t taking full advantage of during their prime earning years. In this presentation, Anthony Pellegrino includes 3 key benefits Millennials enjoy when saving for retirement.

1. 3 UNIQUE BENEFITS
MILLENNIALS ENJOY WHEN
SAVING FOR RETIREMENT
BY ANTHONY PELLEGRINO

2. WHETHER WORRIED
ABOUT CREDIT CARD
DEBT OR LIMITED
SAVINGS ACCOUNTS,
MILLENNIALS FACE
MANY FINANCIAL
OBSTACLES THAT
PREVENT THEM FROM
SAVING FOR RETIREMENT.

3. SETTING ASIDE MONEY FOR
RETIREMENT MAY NOT BE A
TOP PRIORITY FOR THIS
YOUNGER GENERATION, BUT
THERE ARE SEVERAL PERKS
MILLENNIAL INVESTORS CAN
ENJOY THAT MANY ARE NOT
TAKING FULL ADVANTAGE OF
DURING THEIR PRIME
EARNING YEARS.

4. HERE ARE 3 BENEFITS
MILLENNIALS CAN
ENJOY WHEN SAVING
FOR RETIREMENT:

5. #1.
AFFORDABLE
FEES ON
MUTUAL FUNDS
AND ETFS
IMAGE SOURCE: WWW.CREDITCARDS.COM

6. ▸ People looking to invest
in mutual funds and
ETFs typically pay fees
based on the type of
account they are
maintaining and the
amount of the deposit.
IMAGE SOURCE: FUNDAMENTALFINANCEACADEMY.COM

7. ▸ However, some recent
reports by Morningstar
reveal that the average
fees investors now pay
has dropped
significantly in the last
10 years, allowing for a
significant increase in
the value of the
portfolio.

8. IMAGE SOURCE: WWW.WSJ.COM
▸ Passive index funds, in
particular, are attractive
to millennial investors
since these tend to
perform better and now
cost less than they did
even a few years ago.

9. ▸ According to
Morningstar analysts,
U.S. investors paid lower
fund expenses in 2015
than ever before which
is indicative of a positive
trend.
SOURCE: WWW.BEHANCE.NET

10. #2. EFFECTS OF
COMPOUND INTEREST

11. IMAGE SOURCE: BYJUS.COM

12. ▸ The markets are always
fluctuating and any type
of investment is never
without any risk.
IMAGE SOURCE: WWW.GWGLIFE.COM

13. ▸ While there is no
guarantee that a certain
type of account opened
now will generate a very
high yield come
retirement age,
investing when you’re
younger does provide
the advantages of time.

14. ▸ Millennials who get into
the habit of saving as
much money now will
find it easier to earn
interest on the initial
deposits as the years go
by because of
compound interest.

15. ▸ Even during years where
returns are low, the
savings rate will remain
the same and accounts
will continue to earn
interest on the principal
and future deposits.
IMAGE SOURCE: BLOG.EQUIFAX.COM

16. J.P. MORGAN’S GUIDE TO
RETIREMENT REVEALS THE
BENEFITS OF SAVING AND
INVESTING EARLY.
Source: 2016 J.P. Morgan Retirement Insights

17. ‣ In the guide,
Slide 16 reveals
that if an
individual saves a
total of $400,000
at a 6.5% interest
rate between
ages 35 - 65,
they will
accumulate a
portfolio valued
at $919,892.
SOURCE: JP MORGAN RETIREMENT GUIDE

18. ‣ Meanwhile, a
millennial who
starts at age 25
instead of 35 with
same investment &
interest rate, ends
up with a portfolio
valued at
$1,870,480 —
almost double the
return by starting
10 years earlier!
SOURCE: JP MORGAN RETIREMENT GUIDE

19. #3.
ACCESS TO MORE
RESOURCES
ABOUT INVESTING
EDUCATION

20. ▸ It’s now easier than ever
to educate yourself
about investing and
learn about the value of
stocks, investment, and
retirement accounts.

21. ▸ Millennials who are even
slightly interested in
setting up a retirement
account have access to a
wealth of resources that
allow them to make
smarter financial
decisions when they are
younger and learn about
their retirement account
options.
IMAGE SOURCE: WWW.FORBES.COM

22. ▸ Many already use
personal finance and
budgeting apps to keep
track of their expenses
and set savings goals.
IMAGE SOURCE: BYTEREVEL.COM

23. ▸ They might also seek
out books and other
resources about
financial literacy to keep
up with the times and
make smart financial
decisions for
themselves.
IMAGE SOURCE: WWW.WSJ.COM

24. “MILLENNIALS ENJOY SEVERAL
ADVANTAGES OVER OTHER AGE GROUPS
WHEN IT COMES TO SETTING SAVINGS
GOALS AND PLANNING FOR RETIREMENT.”
Anthony Pellegrino, Principal & Owner of Goldstone
Financial Group

25. ▸ Those who take the lead
on planning for
retirement while they are
still in their 20’s or early
30’s can look forward to
building up an attractive
nest egg if they make
smart decisions today
during their prime
earning years.

26. IF YOU LIKED THIS PIECE, VISIT:
WWW.ANTHONY-PELLEGRINO.COM
▸ In 2013, Anthony Pellegrino
ranked in the Top 1% of Safe
Money Specialists in the nation
and was recognized one of the
Top 10 Advisors in America.
Having helped more than 2,500
clients manage and achieve their
financial goals, most recently
Anthony was privileged to share
the stage with former President
George W. Bush in Washington DC
at the Ronald Reagan International
Trade Center. To learn more,
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