Planning
Would you rather have 1 million dollars or a penny doubling every day for a month?
|
|
$ 0.01 |
16 |
$ 655.36 |
|
|
1 |
$ 0.02 |
17 |
$ 1,310.72 |
|
|
2 |
$ 0.04 |
18 |
$ 2,621.44 |
|
|
3 |
$ 0.08 |
19 |
$ 5,242.88 |
|
|
4 |
$ 0.16 |
20 |
$ 10,485.76 |
|
|
5 |
$ 0.32 |
21 |
$ 20,971.52 |
|
|
6 |
$ 0.64 |
22 |
$ 41,943.04 |
|
|
7 |
$ 1.28 |
23 |
$ 83,886.08 |
|
|
8 |
$ 2.56 |
24 |
$ 167,772.16 |
|
|
9 |
$ 5.12 |
25 |
$ 335,544.32 |
|
|
10 |
$ 10.24 |
26 |
$ 671,088.64 |
|
|
11 |
$ 20.48 |
27 |
$ 1,342,177.28 |
|
|
12 |
$ 40.96 |
28 |
$ 2,684,354.56 |
|
|
13 |
$ 81.92 |
29 |
$ 5,368,709.12 |
|
|
14 |
$ 163.84 |
30 |
$ 10,737,418.24 |
|
|
15 |
$ 327.68 |
31 |
$ 21,474,836.48 |
As you can tell, although a penny does not sound like much, in the end, it doubles to over $21 million. For this reason, we are willing to help you start an investment account with just $50 a month.
We encourage all of our clients to do some sort of monthly investing. The idea is similar to the chart. Even a small amount can turn into something big. But of course, there are no guarantees that this will happen for anyone. However, the best part is that you can increase it, stop it, skip a month, take partial money out anytime, and if you’re really not happy, you can take all your money out and blow it! But our bet is that you won’t. This type of investing is addicting and our clients absolutely love it.
We know that everyone is different so we offer individualized strategies to fit each client’s situation.
Are Financial Advisors worth it?
And for those individuals that are worried about their retirement plans, we offer assistance with that as well. As a benefit of being a client, we will review your 401(k), 403(b), TSA, TSP, or any number of other retirement accounts and make sure that your investment options are in line with your retirement goals.
The average American has this much saved for retirement. How do you compare?
