Page 3 - CPY 2nd Quarter
P. 3
CorePower Yoga
Calculate Your Wealth
Savings Are Up to You Financial Planning
It costs less than you think to save for retirement.
by the Numbers
Our company sponsored 401K Savings plan, the Core
Two out of five
Power Yoga, LLC Employee Savings Trust can help. Take
people age 55
advantage of great benefits when you participate.
to 65 wish they
Saving pre-tax lowers your taxable
X Pre-tax saving. had saved for
income. That means you pay less in taxes now and take
retirement sooner.
more income home with you. You defer paying taxes
A common rule
on your savings and earnings until you start making
of thumb says
withdrawals. you will need to
Get access to Save
X Plan features that simplify planning.
replace between
Smart and automatic Account Rebalancing tools that
70% and 100%
can help make saving easy. of your current
A Little Bit Goes a Long Way income after you
stop working.
Annual Salary—$30,000
Tax Bracket—15%
Pre-tax Contribution Rate2%
The out-of-pocket 4% 6%
Weekly Plan Contribution
amount is less $11.54$23.08$34.62
than the amount $1.73 $3.46 $5.19
Weekly Tax Savings
contributed in the $9.81 $19.62$29.43
Weekly Out-of-Pocket Amount
plan. Annual Contribution $600 $1,200$1,800
Account Balance After 30 Years
$75,015$150,030$225,044
This chart is for illustrative purposes only. This example assumes contributions made at the beginning of the month and an 8% annual
effective rate of return compounded monthly. Results are not meant to represent past or future performance of any specific investment
vehicle. Investment return and principal value will fluctuate and when redeemed, the investment may be worth more or less than its
original cost. Taxes are due upon withdrawal. Withdrawals taken prior to age 59½ may be subject to a 10% tax penalty.
3
Calculate Your Wealth
Savings Are Up to You Financial Planning
It costs less than you think to save for retirement.
by the Numbers
Our company sponsored 401K Savings plan, the Core
Two out of five
Power Yoga, LLC Employee Savings Trust can help. Take
people age 55
advantage of great benefits when you participate.
to 65 wish they
Saving pre-tax lowers your taxable
X Pre-tax saving. had saved for
income. That means you pay less in taxes now and take
retirement sooner.
more income home with you. You defer paying taxes
A common rule
on your savings and earnings until you start making
of thumb says
withdrawals. you will need to
Get access to Save
X Plan features that simplify planning.
replace between
Smart and automatic Account Rebalancing tools that
70% and 100%
can help make saving easy. of your current
A Little Bit Goes a Long Way income after you
stop working.
Annual Salary—$30,000
Tax Bracket—15%
Pre-tax Contribution Rate2%
The out-of-pocket 4% 6%
Weekly Plan Contribution
amount is less $11.54$23.08$34.62
than the amount $1.73 $3.46 $5.19
Weekly Tax Savings
contributed in the $9.81 $19.62$29.43
Weekly Out-of-Pocket Amount
plan. Annual Contribution $600 $1,200$1,800
Account Balance After 30 Years
$75,015$150,030$225,044
This chart is for illustrative purposes only. This example assumes contributions made at the beginning of the month and an 8% annual
effective rate of return compounded monthly. Results are not meant to represent past or future performance of any specific investment
vehicle. Investment return and principal value will fluctuate and when redeemed, the investment may be worth more or less than its
original cost. Taxes are due upon withdrawal. Withdrawals taken prior to age 59½ may be subject to a 10% tax penalty.
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