10/08/2023
Gentle Reminder for a 30 year old, hardworking employed or self-employed breadwinner.
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Almost 10 years kanang sumasahod.
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If you've been saving 20% of your β± 20k monthly income (assume), by now you must have β± 500,000 worth of savings already.
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In 10 years you'll be 40 years old.
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Savings plan, investment plan and insurance plan premiums/contributions will be higher (increased rate) at 40s.
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We are only given 40 years max (from age 20s to 60s) to save, invest, get insured and build wealth and financial security.
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When you turn 40, you have consumed half of the 40 years chance that's given to you to build wealth.
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The remaining 20 years should be focused on making the right choices when it comes to money, reducing debts, adding networth, savings, investments, assets as well as building progressive passive cashflow thru sustainable income stream.
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At Age 50s to 60s, you must have at least a networth of 20-million, or a total life insurance of 20-million and or a cashflow of 20-million a year. Minimum target yan. It's your life. It's your future.
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Start early. Don't wait til you're 40.
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If you started in your 20s, the better chance to achieve your financial goals, for stability and security.
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We started building our solid financial foundation, our progressive passive cashflow and professional business when we were at our 20s. Financial Independence is a decision. You can do the same.
We can guide you.
We can coach you.
Message me for more info.
Credits to Sir Jess Faller