The Technology Ahead

Powerful and innovative technology is set to become a bigger
part of our livesincluding robotics, genomic advances, and
seamless device connectivity.

evelopments today are helping to push some nascent technologies into mainstream applications that likely will create entirely new businesses and services—and change our behavior and lifestyles. Increased computing power is enabling robots to become more sophisticated, helping scientists learn more about our genetic code. Consider our connectivity with the Internet and the exponential growth of mobile devices and social networks: The next phase will be an "Internet of Things" that connects us to machines or objects through embedded sensors. Computing power and rapidly falling costs are leading to advances in genomics that may revolutionize the diagnosis and treatment of disease. Consulting firm McKinsey & Company estimates that a dozen emerging technologies collectively could have global economic and social impacts ranging between $14 trillion and $33 trillion a year by 2025—and yield benefits such as improved products, lower prices, and better health. BHS

Advanced Robotics

Sources: McKinsey & Company, Report: Disruptive Technologies, 2013; T. Rowe Price; University of Pennsylvania, GRAPS Laboratory.

1 An early start to saving may help you afford future college costs.
2 Stuart Ritter, CFP®, a senior financial planner with T. Rowe Price, explains that the amount you save toward retirement can have a dramatic impact on your retirement.
3 Don Peters, portfolio manager of the
T. Rowe Price Tax-Efficient Equity
Fund, discusses his strategies to minimize capital gains and maximize after-tax returns.
4 A Diversified Blend of Growth and Value.
5 Depending on the plan you choose, you and your employees can enjoy tax-advantaged savings, plus a broad range of investment choices.
6 Saving for college can help you meet the costs of higher education. And don’t overlook the important contribution grandparents can make.
7 T. Rowe Price FuturePathSM helps you see the impact of key decisions as you approach retirement.
8College Savings Plan receives Morningstar's highest rating; T. Rowe Price outperforms; Connections explores big trends.
9Powerful and innovative technology is set to become a bigger part of our lives—including robotics, genomic advances, and seamless device connectivity.
10The new tax laws exempt millions of middle-class taxpayers from the AMT. What steps can help you manage and minimize your exposure to the tax?
11How the fundamental benefits of creating an estate plan far outweigh the challenges of setting one up.
11A clear understanding of your portfolio's exposure to risk may allow you to maintain an appropriate long-term strategy.
11Compounding can generate wealth.