When you look at your lifetime of earnings, you realize your key to retirement wealth is keeping what you’ve made. Too many investors are separated from their money by looking for markets to make their dreams come true.
The arithmetic of portfolio losses makes it difficult to rebuild the wealth you earned the hard way with returns in the market. Look at the chart below that details the task you face in rebuilding wealth for a given loss. For instance, if you lose 20%, you’ll need to see a 25% return just to get back to even. In the meantime, you’re falling behind. Who can afford to risk that with a lifetime of retirement savings?
Your number one investment is you, not some stock symbol. Keep it simple and focus on putting one foot in front of the other. That’s easy to say, harder to do, but I believe in you. You can do this.
Action Line: Look at these yields, and let’s talk.
E.J. Smith - Your Survival Guy
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