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Spend It or Invest in an IRA?

When you’re tempted to spend money today, it may be helpful to visualize the potential growth opportunity you’re missing out on. Use our spend versus save calculator to see the potential growth rates of a given figure if you were to invest that amount in an IRA or Roth IRA as opposed to spending it today. This calculator may influence you to decrease your current spending habits in favor of saving for retirement.

The calculators on this site are intended to give a general idea of your financial picture in retirement. To get a customized plan based on your specific goals, needs and situation, schedule a meeting with us today. 

“Your wealth works harder when it works together.”

Peter Mallouk

President & CEO, Creative Planning

Serving Clients Nationwide

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50

STATES & ABROAD

Providing financial peace of mind across the globe

$225

BILLION

Combined assets under management & advisement as of December 31, 2021