The Wealth Formula

This formula includes five key ingredients: money, time, rate of return, taxes and inflation. If any of these values equal zero, then the product of the formula will also be zero, and you will not be successful. Money and time are obvious ingredients; the more money you invest and the more time you leave it invested, the better your chances. The rate of return matters a great deal too, and that’s why it’s so important to choose a financial professional who understands your situation and goals. Discipline is often the difference between just making ends meet in retirement and leaving a legacy that ensures your family is secure for generations to come. If there is zero discipline in your approach, you will end up with zero wealth. Remember: Zero multiplied by any number equals zero