QUICK RETIREMENT FORMULA

T-I-M-E and M-O-N-E-Y at Work
( Print off and do your own Calculations )

(1)
WHEN would you like to Retire...
 
     ------  In 1 year?      ------  In 5 years?
 
     ------  In 10 years?    ------  In 15 years?     -----  in 20 years?
 
    GREAT!  Now, what's your plan to ‘achieve’ this goal? 
 
     
(2)
How much MONEY will you need monthly, to RETIRE...
 
     ---------  $1,000/mo?    --------  $2,000/mo?
 
     -------  $5,000/mo?      ------  $10,000/mo?     ------  More (am't)?
 
     GREAT!  Now, what's your plan to ‘receive’ this monthly income?
 
      
(3)
How much CAPITAL will you need to invest - at say, a 5%
return - to receive your required MONTHLY INCOME (in #2 above)?

Take your answer from (#2) above - and multiply it by 240
     

That’s IT!  => Now, what's your plan to ‘accumulate’ this money (capital) after TAX? 

 

 Circles to => WEALTH 

 

(( Please Note: The above Formula assumes a return of 5%  (it could be
 more or less, depending on economic conditions, affecting your return). It
 also makes NO allowance for the impact of any INCOME TAXES or INFLATION
 or other ASSETS (pensions / investments / savings / etc) or LIABILITIES ))

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Copyright - 2011 / 2012