Did you know that by saving your money in an IRA or 401k you’re actually saving as much as $509,774 over 30 years in compounded returns from NOT letting $4,500 slip away to taxes each year?
Or, how about that a Roth-style 401k or IRA might NOT be your friend (contrary to popular belief). In fact, a Roth may end up costing you over $1 million dollars of lost fortune depending on how you plan to retire.
You Can Save BETTER!
It’s these kinds of things and more that were the kinds of concepts I wanted to pack inside my first eBook: “Save BETTER! Use the Secrets of the Wealthy to Retire Early, Create Passive Income for Life and Achieve Financial Freedom”.
This eBook is my attempt to sit down with you, one-on-one, and deliver my very best and biggest nuggets of personal finance knowledge. It contains several of my most valuable pieces of advice and things I only wish someone had taught me sooner!
Though everyone’s financial situation is different, there are so many lessons that are fundamental about money and how to accumulate more of it. I believe that despite your age or social being, you’ll find that a lot of these tips can have some meaningful impact on your situation.
Don’t Miss Your Wealth Opportunity:
I honestly believe that present-day Americans are in an incredibly wonderful and opportunistic position to turn themselves into multi-millionaires. Like I mentioned in the beginning, a person working from age 24 to 62 could gross over $7 million dollars in savings by the time they are ready to retire.
There’s just one problem … hardly anyone knows it! If they really knew any better, than the average 401k balance would be a lot higher than $89,300.
Instead, we allow the media to trick us into thinking that we need to work 30 or more years. Or that we somehow deserve inflated, under-funded pensions. Or that we should blame Social Security for our financial shortcomings. Or that saving a mere 10% of our income will be enough to retire on someday.
The truth: You having the power to save how, when, and where you want is one of the best things that you could have going on for your finances these days. The old rules are out! If you want to retire in 20 years, you can do it! If you want to accumulate millions of dollars, it’s totally possible!
You no longer need to be a big business owner or professional stock picker to have your shot at building a fortune that you’ll be able to live off of for the rest of your life. Lots of people are getting themselves on the path to financial freedom every day by making significant and substantial changes in their financial lives. And they accomplish it by recognizing and taking advantage of many of the tips I’ve collected over the years and assembled into these pages.
More of What You’ll Discover:
Here are just a few of the other things within the eBook we’ll go over when it comes to reaching financial freedom:
- How using a 401k or IRA is like getting 33% more money to save every year
- How the Rich use capital gains and dividends to reduce their effective tax rate to far less than what you probably pay
- How not getting your full 401k employer match is like leaving almost $200,000 on the table
- Why a person who saves during the first 10 years of their career will have more than someone who tries to catch up during the last 30 years of their career.
- How you can still continue to tax-shelter your money beyond a 401k and IRA (and no, it’s something better than an annuity).
- How you could structure your retirement savings so that you’d owe NO Federal taxes at all during retirement. How’s that for financial freedom?
Get Your Copy:
If you like reading My Money Design, then you’ll be delighted to know that my intention with this eBook was to give you the same sort of straight-forward financial advice that you find here every week. But I wanted to give you A LOT more! This book is far more structured and will feel more like a financial seminar than anything else.
Download your copy of Save BETTER! today! For less than the price of a coffee drink, it’s a deal that you can’t pass up!
Cover image courtesy of Amazon