Imagine this: you're in the market for an HDTV. Your local electronics store has one on sale for $1,738, and you think that's a pretty good deal.
But what if you were to invest that into your 401(k)? How much additional income would you have per month towards your retirement?
A new iPhone app from Putnam Investments called PriceCheck&Save shares this information, and much more, with users. In the scenario mentioned above, Putnam showed that a user might receive $11,000 more, or $44.18 per month. The exact amount is based on how far away the user is from retirement.
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