11th and 12th Grade Financial Literacy Workshop "Get Real SCV"
- What
- 11th and 12th Grade Financial Literacy Workshop "Get Real SCV"
- When
- 9/10/2022, 10:00 AM – 4:00 PM
- Where
- Santa Clarita Sports Complex (The Centre) 20880 Centre Pointe Pkwy, Santa Clarita, CA 91351
Imagine this… Starting at age 22 you make the sacrifice to start investing $6,000/year until you reach age 29. Then you stop investing. Will you have enough saved for retirement?
Now consider an alternative scenario… You decide to party hard in your 20s, travel as much as you can, then settle down at 30. You start investing $6,000/year until you reach age 67. That’s 37 years of investing versus 7. Who do you think has more money in the end?
The disciplined investor who saved from age 22 to 29 will have a whopping $2.2 million at age 67 whereas the “enjoy life while you’re young” investor will come up short at $2.0 million.
How many of you would have made the sacrifice in your 20s knowing that you’d only have to save for 7 years to enjoy a comfortable retirement?
A review of financial literacy conducted by the Milken Institute in 2018 found that many young adults in the US lack basic financial knowledge. Our goal is to provide some support to this need.
This Project is Hosted by JCI Santa Clarita
We are Jaycees from the Santa Clarita Valley here to build young community leaders and community partners. We welcome all young active citizens between the ages of 18-40. We are dedicated to creating positive change within our community. We believe that service to humanity is the best work of life. We are a community within ourselves – working not only to improve our world, but grow as individuals.