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$27 a month, based on its'cuiv rent Income. 1 If it banked, or otherwise ..Invested thi^ ^ftoney and .received interest a^ 5 percent, compounded quarterly, it would-achieve the $50,ooo'obT6ttWlfi“39 years, except for the taxes payable on the interest received. In many other areas of itlie country, ’Where incomes, jure below the local level ancPthe amoynt^that can be saved Is small el? ifcgreater lengtH of
Takes 39 Years - - (Continued from Page 1) rould be needed to acci* $50,000. Ithope local families,that It possible to put $50 a into such savings, the ' fund would be created years. Thei^ actual cash, tgs in. that? period wqpld. , $19,5)0, the T&naiitfng
k800 waold dbmj| from djv* the $75-a*-ii»o'nth saver ild reach th* $50,000 point ^25 years. He will have put .500 away irt’that time and Jived $27,500 hi inteiWSt. 3t how much" a family can depends upon 'its particircumstances and upon mch it has left after care of its basic necefr Those at the’ bottom of :ome scale are unable aside anything, jj, ■ >rding to the latest total savings by indiin the United Sthtef iarv jwm t to 1 amount put aside last year. ■>
« J$Zrr .. 41 riven serve as state boun aries in the United States. HBBBt TOW wB35e BBT president to wear knee biearim*
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