Investing for Retirement

When should a person begin saving for retirement?  How does a person start investing for retirement?  The answer to these questions may surprise you.

If you are new to our web site, you will see a tab on our home page which prompts you to enter your name and E-mail address.  By doing, so you receive, absolutely free, a copy of the six part series; entitled “Your new way of thinking.”  The purpose of sending those articles to you is to illustrate how, successful and wealthy individuals think differently about money and the idea of creating wealth.

Wealthy families almost always prepare for retirement in a manner completely different from others who are not quite as fortunate.  The Kennedy family is a prime example.  In the early 1900’s, Joseph Kennedy created a financial empire.  He, then, set up a series of trusts which provided for the financial well being of future generations.  It became an automatic process for all future family members.

Although many of us do not expect to amass a fortune comparable to the one created by Joseph Kennedy, this example suggests an answer to the two questions above.

You see, the wealthy do not leave retirement to chance.  It is part of their daily routine.  We purposely refer to the wealthy because we teach our clients to adopt a mindset correlating to, you already being wealthy.  Once you adopt this mindset, you will think differently.  At Wealth2020, Inc. we work with you to develop a financial plan, with products aimed at providing principal protection, minimal taxation and above all, rates of return higher than the projected rate of inflation.

One of the challenges we face, especially with younger individuals is getting them to recognize how essential it is to formulate a retirement plan as early in life as possible.  The strategy we implement for our clients not only provides a solid foundation for the distant retirement years, but it also structures the key elements of a financial plan which has the ability to create wealth within the prime income earning years.  You might say, you can have your cake and eat it too!

On page 11 of “Create Wealth on Auto-Pilot”, you will see how the financial rules have changed since our parents and grandparents working years.  The most profound impact came in 1974, when ERISA was enacted.  The Employee Retirement Income Security Act (ERISA) changed the way all working individuals have saved since that time.  In essence, the law removed the responsibility for a person’s retirement from the employer and placed it into the hands of the employee.

At Wealth2020, Inc., we challenge anyone to show us a plan for wealth creation and maximum retirement savings which will out perform the results of what we call the “Financial Wellness System™.”  In order for you to grasp these concepts, in their entirety, we highly recommend you read“Create Wealth on Auto-Pilot.”   You owe it to yourself, if you are serious about creating a sufficient retirement income for all your retirement years, while at the same time being able to enjoy a much better life-long lifestyle.