Why $1,000,000 Won’t be enough

Why $1,000,000 Won’t be enough

Article Originally posted by Tim Picciott of FocalPoint Wealth For today’s millennials, many of them think the prospects of accumulating $1,000,000 is out of reach. Wells Fargo found that “64% of millennials say $1 million is out of reach” according to a recent study...
SIMPLE TIP FOR MILLENNIAL’S TO DOUBLE THEIR MONEY

SIMPLE TIP FOR MILLENNIAL’S TO DOUBLE THEIR MONEY

Millennial’s, did you know that if you divide an interest rate by 72, you can see how many years it will take to double your money? If you are earning 5% per year, that means your money would double every 14.4 years (72/5). If you are earning 10%, you can expect your...
THE POWER OF INVESTING EARLY

THE POWER OF INVESTING EARLY

We know we’ve all done it…. put off retirement savings so we can live in the moment.   What most people are unaware of is… just how much living in the moment is really costing them.   Below I have a scenario where two investors are each saving $5000 annually and both...