Can I Generate Life Time Income?
Retire On Track LLC.
There is a question that, at some point in time, we all seem to ask ourselves: can I generate lifetime income? Now, don't confuse that question with, "can I get a job that will ensure that I am able to make ends meet and to take care of myself and my family?" Don't confuse " can I generate lifetime income " with, "I wonder if there is some sort of product or service that I can offer that will keep people coming back and buying for years to come so that even when I'm not working I will be able to have money coming in."
"Can I generate lifetime income," is not a question about earning so much as it is a question about our ability to save for and to invest in our financial futures. " can I generate lifetime income " is a question that really should be translated as "will I be able to save money in the right accounts so that the interest will help my savings to grow over time and will I be able to choose the right stocks and mutual funds to invest in - will my investments pay off as time goes on?"
The answer to the question really, regardless of how you choose to phrase it is that yes, it is possible to save for and invest in your future. Yes, it is possible that, no matter where you are at when you're getting started, you can choose savings accounts that will allow your money to grow and to invest in companies and portfolios that will allow you to increase your savings multiple times. But in order to make it happen, you need to be willing to look at savings and investments accounts, to learn which advice you can trust and what you should probably ignore, and you need to know what your own goals are.
With Bob's free retirement calculator that you can access from this page, you will be able to get the information that you need about the savings and investment accounts that you currently have. By entering details about your accounts, you will be able to see how they have performed and how they will grow over time. By entering some specifics about the investments that you have made and the investments that you are considering, you will be able to track how they have done historically and how they are projected to perform in the future.
While you are entering your information into Bob's free retirement calculator, the contact information that you entered will be forwarded to a trusted financial advisor in your area who will give you a call and follow up on any questions or concerns that you have about your ability to generate lifetime income. By talking about the accounts and investments that you currently have and looking at a wider variety of options, you can be sure that you're getting the advice that you need - and then it is just up to you to act on it.
Can you generate lifetime income? Absolutely, but you will definitely find that you have more control of the process if you start sooner rather than later.
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