Rick Richey

To all my fitness professionals (the younger the better) that haven’t started thinking about putting money away for retirement and letting that wealth grow - this book is for you!
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Google a compound wealth multiplier and see how much maxing out an IRA (or other tax advantaged account) can mean for you by the time you retire.
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As little as $100/month could lead you to having $500k+ in 40 years.
(Only $48k of your money invested)
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$500/month for 30 years could be right at $1 million. You would’ve only put in $180k over that 30 years.
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I’ve only got about 20 years until I retire fully. If I max out me and my wife’s IRA alone with $15k/year we would retire with nearly $900k.
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One of my kids between work and me matching the money has a custodial investment account with $6.5k. In 50 years without adding anything to it there will be upwards of $750k without even making any more contributions - just the $6,500. Add $100/month over that same 50 years with an initial $6.5k investment it’ll be $2.15 million
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Compound interest is the 8th wonder of the world, but only for those who use it.
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START INVESTING TODAY