Tax day is now extended to May 17, 2021. Visit the Tax Resource Center to help you prepare.

How to buy mutual funds from Thrivent

We’re delighted you’re considering Thrivent Mutual Funds. No matter how you buy, we’re here to help you invest with confidence.

Buy online through Thrivent Funds

You can open an account and purchase funds right on our site.

Why buy online?

  • Set up an account starting with as little as $50 per month1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.

 

Buy through a financial professional

Need more guidance? Ask your financial professional about Thrivent Mutual Funds.

Why work with a financial professional?

  • Receive investment help from an experienced professional.
  • Build a relationship through in-person meetings.
  • Get help planning for life’s goals such as saving and retirement.

Additional fees may apply, when working with a financial professional.

 

Buy through an investment account

Our funds can be purchased through other online brokerage platforms. Search for Thrivent Mutual Funds when making your selections.

Why buy through a brokerage account?

  • Add Thrivent Mutual Funds to investments within your existing portfolio.
  • Take advantage of your account to keep your investments in one place.

Additional fees may apply.

 


Not quite ready?

We want you to invest your money wisely and with confidence. Here are some other options that may help you.

 

Need more help?

Call or email us.
1-800-847-4836

M-F, 8 a.m. – 6 p.m. CT
Say “ThriventFunds.com” for faster service.
Contactus@Thriventfunds.com or,
Visit our support page

 

1 New accounts with a minimum investment amount of $50 are offered through the Thrivent Mutual Funds “automatic purchase plan.” Otherwise, the minimum initial investment requirement is $2,000 for non-retirement accounts and $1,000 for IRA or tax-deferred accounts, minimum subsequent investment requirement is $50 for all account types. $50 a month automatic investment does not apply to the Thrivent Money Market Fund or Thrivent Limited Maturity Bond Fund, which have a minimum monthly investment of $100.

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INVESTING ESSENTIALS

Investing $50 a month could add up nicely for your retirement

02/16/2021

By Gene Walden, Senior Finance Editor | 02/16/2021

It’s a common myth that you need a few thousand dollars to begin investing. It actually works in your favor to start investing early — even with as little as $50 a month — rather than to wait until you have a few thousand dollars saved up. Although investing involves risk, through time and the power of compounding, your $50-a-month investment can contribute significantly to larger financial goals.

Commit to your goals

An easy way to start investing is to use an automatic purchase plan, which allows you to set a monthly amount that works with your budget. With Thrivent Mutual Funds, our automatic purchase plan1 lets you invest a minimum of $50 a month and gives you the opportunity to increase that amount if-and-when your budget allows. You may also add more to your account with one-time investments, such as a bonus from work or a tax refund.

Investing $50 a month adds up

Here’s how much a monthly $50 investment could bring you over a lifetime. This chart shows how over time your initial investment plus the earnings on the investment continue to grow and compound. Your original investment is just a portion of the potential for the growth of your investment — even at a moderate rate of 5% annual growth.

A more aggressive investment may provide an even higher return than the 5% shown above. For example, we can look at an average return closer to the S&P 500® Index (a market-cap-weighted index that represents the average performance of a group of 500 large cap stocks.)

Since 1971, the S&P 500 has grown at an average annual rate of 10.71%2. While it’s important to note that past performance does not guarantee future returns, let’s say that after the investment's expenses and fees, you are able to earn an average return of 10% per year.

In this example with a 10% return, you’ll see that the same $50-per-month investment quickly grows to an even more meaningful amount over time if it is earning a higher percentage of annual growth, and 10% may not be an unreasonable expectation based on the history of the S&P 500® Index. Keep in mind that achieving this average rate of return will, however, depend on the performance of the funds you select for your investment and being invested for the long term.

Invest early: Take advantage of compounding

Saving early allows you to grow your potential wealth more easily, with less initial contribution. If you’re catching up and haven’t been saving as much as you’d planned to for retirement, it’s never too late to assess your financial goals and begin investing to take advantage of the years you have leading into retirement or other goals. This chart gives you an idea of how much an investment of $50 per month could grow depending on your current age.

As you can see, $50 dollars could add up and contribute significantly to your financial goals if you are consistent with your investing plan. Learn more about how to get started or open an account with Thrivent Mutual Funds.

Gene Walden
Senior Finance Editor

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1 New accounts with a minimum investment amount of $50 are offered through the Thrivent Mutual Funds “automatic purchase plan.” Otherwise, the minimum initial investment requirement is $2,000 for non-retirement accounts and $1,000 for IRA or tax-deferred accounts, minimum subsequent investment requirement is $50 for all account types. Account minimums for other options vary.

2 Source: officialdata.org

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