1. groups
2. investments
3. Is there a right time to start investing for my financial goals

Is there a right time to start investing for my financial goalsVideo

Account Id: 4394098893001

Player Id: bb60d070-b695-4c55-9162-a421ad370a53

Video ADA Text: Is there a right time to start investing for my financial goals video

Transcript Browser Title: Video transcript: Is there a right time to start investing for my financial goals goals

Description: No matter how old you are or how much investment experience you have, it’s never too late to strengthen your financial portfolio.

English

Video Id: 6331751194112

Audio Description Video Id: 6331752442112

Length (seconds): 93

Transcript: <h2>On screen:</h2> <p>Ask a Money Mentor.</p> <h2>On screen:</h2> <p>J.P. Morgan Wealth Management logo.</p> <h2>Note:</h2> <p>Legal disclosures appear.</p> <h2>On screen:</h2> <p><strong>Investment and insurance products:</strong></p> <ul> <li><strong>Not a deposit;</strong></li> <li><strong>Not FDIC insured;</strong></li> <li><strong>Not insured by any federal government agency;</strong></li> <li><strong>No bank guarantee;</strong></li> <li><strong>May lose value.</strong></li> </ul> <h2>Narrator:</h2> <p>Is there a right time to start investing for my financial goals?</p> <h2>On screen:</h2> <p>A man with dark hair and a short beard speaks to us from an office.</p> <h2>On screen:</h2> <p>Grady Wirth.</p> <p>Advisor,</p> <p>J.P. Morgan Wealth Management.</p> <h2>Grady:</h2> <p>I'd say the right time is as soon as possible! When it comes to investing, every day you wait to get started, you might be missing out on the potential for growth. It can come down to the time in the market.</p> <h2>Grady:</h2> <p>Now let’s say you start investing $100 a month when you’re 35 years old. This would grow to approximately $80,159 by the time you turn 65 based on a hypothetical forward-looking return of 5% in a balanced portfolio. But what if you were to start investing that $100 a month when you’re 45 instead of 35? All assumptions being the same, it would only give you a return of about $39,944, when you’re 65. This is nearly half the amount you would have received had you started investing just 10 years earlier!</p> <h2>On screen:</h2> <p>A bar graph illustrates that $100 per month, starting at age 35, is $80,159 by age 65 - while $100 per month, starting at age 45, is $39,944 by age 65.</p> <h2>On screen:</h2> <p>Based on hypothetical forward-looking return of 5% in a balanced portfolio.</p> <h2>Note:</h2> <p>Legal disclosures appear.</p> <h2>On screen:</h2> <p><strong>EDUCATIONAL PURPOSES ONLY: This example is intended to help educate investors of the potential benefits of early investing for the long term – using a 5% return assumption for illustrative purposes. This example does not reflect any investment, strategy or portfolio, and is not a guarantee of future results.</strong></p> <h2>Grady:</h2> <p>While volatility happens, time in the market is a powerful tool. Although past performance is no guarantee of future results, investing over the long term has performed better than keeping money in a bank account.</p> <h2>On screen:</h2> <p>When To Start Investing For Your Goals:</p> <ol> <li>Set objectives.</li> <li>Stay invested. (and)</li> <li>Embrace the notion of time in the market.</li> </ol> <h2>On screen:</h2> <p>J.P. Morgan Wealth Management logo.</p> <h2>Note:</h2> <p>Legal disclosures appear.</p> <h2>On screen:</h2> <p><strong>Investing in securities involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved. Outlooks and past performance is not a guarantee of future results.</strong></p> <p><strong>J.P. Morgan Chase and Company, its affiliates, and employees do not provide tax, legal or accounting advice. Information presented on these webpages is not intended to provide, and should not be relied on for tax, legal and accounting advice.  You should consult your own tax, legal and accounting advisors before engaging in any financial transaction.</strong></p> <p>J.P. Morgan Wealth Management is a business of J.P. Morgan Chase and Company, which offers investment products and services through <strong>J.P. Morgan Securities LLC</strong> (JPMS), a registered broker-dealer and investment advisor, member of FINRA and SIPC.</p> <p>Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida.</p> <p>Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB).</p> <p>JPMS, CIA, and JPMCB are affiliated companies under the common control of JPMorgan Chase and Company. Products not available in all states.</p> <p>Copyright {{copyrightCurrentYear}} JPMorgan Chase &amp; Co.</p>

Thumbnail