September 28, 2016 Leave a comment
For Whom Wealth Matters
April 23, 2013 Leave a comment
Whether you decide to DIY or hire a financial planner,there is no denying that you can benefit by going through the process of defining yours goals,establishing a time frame,generating numbers to fulfill those goals, focusing on your risk taking appetite and ability,your incomes and expenditures,assets and liabilities etc.
Nowadays its common to get calls from assorted fund houses and advisory businesses offering to draw up a free financial plan for you.You could try them out as long as you can withstand sales pitches and walk away without buying products and services of dubious value which you don’t need.Fee based financial planners too offer a free first consultation and might give you a sketchy plan as an incentive to hire them.
If you are looking for a planner you will be forced to kiss all the frogs around before you find one who will do.Even then as you progress wealth wise and experience wise you will outgrow your planners and advisers For you, going out to meet these advisers is a must.However, if you are upto to do a DIY plan you could just use the link :Here and save yourself a lot of time and hassle.Most free plans are unlikely to be better than this.And this one is a good starting place and will give you some fast answers.
May 30, 2012 7 Comments
The calculator in the post How Wealthy Would You Have Been In America ? puts out median figures of net worth of Americans depending on age and income.The median value is the quantity lying at the midpoint of a set of observed values or quantities.
The figures in the post What Americans Consider Rich are the opinions of the people surveyed by Gallup.
The figures below reveal the ground reality.They show where ,what a person makes puts them on the income pyramid and what a person has salted away puts them on the net worth pyramid. Read more of this post