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A few years ago, I realized that many of my friends were retiring comfortably and I didn’t have a pot to pee in!! Where had my life gone? What was I going to do? How was I going to accumulate enough wealth in a few short years to enable me to quit my day job by age 70 and retire?
I ● DIDN’T ● HAVE ● A ● CLUE…
I have faced many challenges in my lifetime and successfully conquered most of them. But this one, waiting until age 65 to tackle retirement planning, was really a dumb move! I have often said that I was a “Jack of All Trades and Master of None”… that “Variety was the Spice of Life”… 12 jobs, 3 wives, and 17 homes later, the sun was suddenly going down on my life. Wow!! It had finally caught up with me.
..…FINANCES…..
Not my best suit, but I had to learn all I could about it and FAST. Savings, home loans, refinancing, IRAs; Roth, SEP, 403b, all were unfamiliar. Which way do we go? Where do we start? That was my dilemma. This guide is the outgrowth of my search for the solution to my problem.
It is my hope that what you read on the following pages will help educate the Novice Investor and be a reinforcement to the strategies of the Seasoned Financier.
THOUGHT……..
At 10%, your money will double every seven years. At 12%, your money will double every six years. It’s that 2% that makes you a millionaire!
Find it somewhere and get the edge!
Note: Divide 72 by the interest rate paid and the result is the time required to double your money.
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