Dan Keppel Mba

Your Plan to Live to Age 100 Dan Keppel Mba

Plan to live to age 100 Fastest growing age group: 85 to 100 A child has a 50% chance of living to age 104 Common belief: "Saving is a waste of time" Start today! Every year you delay costs you $100,000 later Attitude and genes have everything to do with living longer. Many retirees work past our assumed "retirement" age. Many work because they love it; others because they have to. Most realize our early-in-life choices determine our financial fitness for the future. Example: invest just 10% from your first job onward and you will have enough later. A low-cost stock index fund has grown at 11% over time so your money doubles every 8-10 years IF you leave it alone to compound. This is the Miracle of Compounding. It is the secret to Warren Buffett's phenomenal success: "My wealth has come from a combination of living in America, some lucky genes, and compound interest." And now you can use an IRS-approved trust that makes all your earnings FREE of income tax for the rest of your life. Social Security will cut benefits by 2034 and income taxes will have to pay for the deficit of $161,000 each. Taxes don't go down for us. The two things that will determine whether you have enough later on are taxes and costs (fees, commissions, loads, charges, and trading). Let's start today.