Investing early can be one of the most powerful financial tools for teenagers. Help them get a head-start alongside the thousands of other teens on Bumper.
53% of adults report being anxious about their finances and over 3/4 of young adults are still financially dependent on their parents.
Bumper teaches your teenager the importance of healthy financial habits at a young age. By actively managing their own investing portfolio, they'll learn about budgeting, diversification, compound interest, and more.
Compounding was once described by Albert Einstein to be the "most powerful force in the universe." When you invest, your money has the potential to grow exponentially.
Suppose your teen invests $1,000 into the S&P 500. The first year, the index rises 10%. Your teen's investment is now worth $1,100. In the second year, the index rises another 10%. Therefore, the $1,100 grows to $1,210.
If this pattern continued until your teen retired, that original $1,000 could be worth more than $115,000. This is the power of compounding.
Disclaimer: All investments are subject to investment risks, including possible loss of the principal amount invested. This is an example and individual circumstances may vary. Past performance does not guarantee future results or returns.
On Bumper, teens learn about investing by actually investing. Traditionally, financial education in your teen's school takes the form of long presentations, boring lectures, and a complete lack of real-world applications.
Bumper's "learn-by-doing" approach helps your teens develop life-long financial habits. Your teens might make mistakes, but that's why they're starting now. Your teen will have plenty of time to learn and grow.
Compounding is an incredibly powerful force. This chart assumes a 9.8% annual return, which is the average historical return of the S&P 500.
Amount Deposited: $500
This calculator is for illustrative purposes only and does not reflect the performance of any specific investment. Investing forecasts are based on a 9.8% average annual growth rate, compounded monthly. Saving forecasts are based on a 0.04% average annual growth rate, compounded monthly. The average historical annual return of the S&P 500 is ~9.8%. Any historical returns, expected returns or projections are hypothetical in nature. Investing involves risk & investments may lose value, including the loss of principal.