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1 This example is hypothetical and does not represent the returns from any specific investment. Assumes a salary of $75,000 per year and 12 contributions per year with a 5% average annual return, compounded annually. Fees and charges, if applicable, are not reflected in this example and would reduce the amount shown. Withdrawals may be subject to federal/and or state income taxes. A 10% federal early withdrawal tax penalty may apply if taken before age 59 1/2. Returns may vary.
2 Value of the Advisor Study, 2018. The analysis showed that on average, meeting with a financial advisor led to a 32% increase in participant contributions ($215 monthly contribution without an advisor compared to $283 with a financial advisor). Past performance is not an indication of future results.
3 For the purposes of the impact analysis, researchers defined 'advisor contact' as one or more of the following meeting types: 1. An annual review of the participant's account, investment performance and any plan changes; 2. An ad hoc review of the participant's account and investments; 3. A working session to develop the participant's comprehensive, written financial plan. Past performance is not an indication of future results.