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Qui êtes vous ?

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Who are you ?

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Who are you ?

RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1, 2 OR 754

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

Getting started

Save for something big

Make it a reality

When you have more than a few years on your side, investing — rather than saving — for a goal might be the path to success. The market’s potential for higher long-term returns could mean you need to set aside less to meet your goal than if you put your money into a savings account or CD. Keep in mind, however, that there is additional risk with investing and, unlike many bank products, your money is not insured and you can lose money. 

Check your calendar

Some goals, like paying for a child’s college education, have a specific deadline. Others, such as the resources to start your own business, may be more flexible. How much time you have before you’ll need your money will play a big role in identifying your best investment strategy, as well as how much risk is right for you.

Update your goal

Because life changes, it’s a good idea to periodically reassess your goal. A shift in what your goal looks like, such as deciding to add an extension on your home rather than just remodeling the kitchen, could create a gap between what you have and what you’ll need. Or, you could discover that you’ll reach your goal sooner than you thought.

Take advantage of tax-advantaged

If you’re investing to pay for a child’s college education and related expenses, look into tax-advantaged 529 college savings plans. (Tax-advantaged treatment applies to savings used for qualified education expenses. State tax treatment varies.) A Coverdell Education Savings Account is another tax-advantaged option that might make sense for your investing strategy.

There’s more than one way to reach your goal

Stay on track

Sometimes it’s challenging to stick to your plan, particularly when facing well-meaning — but off-target — advice.

FICTION: Unless you have a 30+ year time horizon, you should save your money, not invest it.
FACT: Think less about the right or wrong strategy and more about the strategy that fits with your goal, risk tolerance and time horizon.
FICTION: I make too much money to contribute to a 529 account.
FACT: There are no income limits on 529 plans.

 

 

 

FICTION: With a short- to mid-term goal, I don’t need to worry about the impact of inflation.
FACT: Even low inflation can chip away at how much your money can buy. And regardless of inflation, the price of your goal could increase as well.

Is a big change ahead?

Get in financial shape before you change your career or lifestyle.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

This material does not constitute legal or tax advice. Investors should consult with their legal or tax advisors.

Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Use of this website is intended for U.S. residents only.

American Funds Distributors, Inc., member FINRA.

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.