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"The road to personal financial security is paved with discipline and a
plan."
Personal Financial Planning:
- Wealth and personal financial security are easier to achieve the sooner we
begin due to the miracle of compounding. Investing just $50 per week
with an average of 10% growth starting at age 18 will grow to $2,746,093.
If you wait until age 19, it will grow to 2,493,848. Waiting one year to
start will cost you $252,245. The bad news is that waiting just one year
will cost over a quarter of a million dollars. The good news is that now
is always the best time to start investing.
- Retirement plans are excellent ways to accumulate wealth. A regular
retirement plan allows you to deduct the contributions made into it and you
are taxed on what you take from it. A Roth IRA allows no deduction for
contributions, but is completely tax-free when you withdraw it.
- Should you refinance your home? Should you lease or buy your
automobile? Would you like to have tax-free income? With our many
years of experience we can help you answer these and many other questions.
Contact us.
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