Save and Be Happy!

1. Your retirement?
2. Kids' college
3. Nice vacations

1. It is simple.
2. Start now.
3. Set aside a certain fraction of your income every paycheck.
4. Put it into a mutual fund with 0 fees in a brokerage account.
   
5. Forget that you have the brokerage account.

Use the app: https://renugehring.shinyapps.io/myFirstApp/

1. Enter the amount of savings every year.
2. Select an interest rate between 3 and 9 percent.
   
3. Enter the number of years

At the rate of 5 percent interest:

1. $2000 left alone for 10 years EQUALS

## [1] 3287.239

1. $2000 left alone for 20 years EQUALS

## [1] 5402.97

1. $10,000 left alone for 30 years EQUALS

## [1] 44402.13

1. Remember this is guaranteed!
2. Use the tool and be happy!