Monthly Archives August 2017

Simple tip for Millennial’s to Double their Money.

  Millennial’s, did you know that if you divide an interest rate by 72, you can see how many years it will take to double your money?   If you are earning 5% per year, that means your money would double every 14.4 years (72/5). If you are earning 10%, you can expect your money to double every 7.2 years. (72/10) And if you leave your money in the bank and you are lucky enough to be earning .5%… it would take 144 years to double your money!!!   Our parents were able to earn double digits in their bank
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Retiring with $1 Million is not Enough

Think retiring with $1 Million is more than enough?   If you are a millennial think again. For today’s millennials, many of them think the prospects of accumulating $1,000,000 is out of reach. Wells Fargo found that “64% of millennials say $1 million is out of reach” according to a recent study as reported by time.com. This is very depressing news because not only is accumulating $1,000,000 not impossible, but it is nowhere near enough.     If you want to find out how to become a Millionaire, here is a quick article along with a simple calculator to let you
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