Kit worked the fewest years and the jar lasts the longest.
The big ideaSaving a big share and spending little can free up years, with honest limits.
How it works
Sam, Rio and Kit each earned ten coins a year, but they saved different shares: Sam two, Rio five, Kit eight.
Saving a bigger share fills the jar faster. Spending less each year makes the jar last longer.
Kit worked the fewest years and rested the longest. But Kit lived on very little, with little left for surprises.
There are honest limits: prices rise, a jar can run out, its value can swing, and no plan suits everyone.
Helps and stands in the way.Kit's plan.
Example 1: Kit's jar
Kit saves 8 a year for 5 years.
8 × 5 = 40.
Kit spends 2 a year, so 40 ÷ 2 = 20 years.
Example 2: Rio's jar
Rio saves 5 a year for 10 years.
5 × 10 = 50.
Rio spends 5 a year, so 50 ÷ 5 = 10 years.
Example 3: Sam's jar
Sam saves 2 a year for 20 years.
2 × 20 = 40.
Sam spends 8 a year, so 40 ÷ 8 = 5 years.
Example 4: A smaller spend
A jar of 40 coins.
Spend 4 a year: 40 ÷ 4 = 10 years.
Spend 5 a year: 40 ÷ 5 = 8 years.
Words to know
jar
The coins saved up.
spend
The coins used each year.
limits
Things that can stand in the way: prices, surprises, an empty jar.
Watch out
The biggest jar does not always feed the most years. What you spend each year matters too.
Kit's jar does not last for ever. After twenty years it is empty.
Prices can rise, so two coins may stop being enough.
No one plan is right for everyone, and many people love their work and keep going.
Try it
Kit saves 8 a year for 5 years. How many coins?
A jar of 50 coins is spent 5 a year. How many years does it last?
Name one thing that can stand in the way of stopping early.
Does the biggest jar always last longest?
Answers: 1. 40 · 2. 10 · 3. Any of: rising prices, a surprise cost, a swinging jar · 4. No
Try at homeAsk a grown-up what a person needs to feel ready to stop working, and what matters most to them.
For grown-upsAsk a grown-up what a person needs to feel ready to stop working, and what matters most to them. The friends and jars are pretend, and the idea is shown with its limits, not as advice.
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