Mastering the 3 Marvels of Wealth Accumulation




Live Abundant Radio with Doug Andrew show

Summary: Mastering the 3 marvels of wealth accumulation is something each of us can do, provided we understand what they are.<br> If you’re not familiar with the 3 marvels of wealth accumulation, don’t feel bad. Even financial professionals like CPAs and tax attorneys sometimes fail to understand precisely what these marvels are.<br> These 3 marvels may sound simple at first but don’t discount how they can positively impact your financial future once you’ve mastered them. They include compound interest, tax-favored accumulation of money and safe, positive leverage. Taken together, a person who masters the 3 marvels of wealth accumulation will be far ahead of the crowd when it comes to realizing the brighter future for which they’re preparing.<br> What are the five key objectives to financial abundance? How can you evaluate various financial vehicles using the LASER test? <a>Click Here</a> to gain immediate access to the Three Tools for a Strategic and Predictable Retirement.<br> Would you like to know what your Abundant Living Score is? <a>Click Here</a> to gain immediate access to the Three Tools for a Strategic and Predictable Retirement.<br> HERE ARE A FEW OF THE HIGH POINTS OF WHAT DOUG SHARES IN THIS WEEK’S EPISODE:<br> <br> * Do you really understand the marvel of compound interest? Doug shares a favorite paper-folding exercise that illustrates how this principle can greatly benefit your financial planning.<br> * Why do so many people underestimate how compound interest can make their money grow? Once you’ve heard the explanation, you’ll begin to see why it’s a marvel worth mastering.<br> * If your money is being taxed as earned or tax-deferred, are you missing out on an opportunity for greater accumulation? Learn about the advantages of tax-favored accumulation and never look back.<br> * Do you currently have money accumulating in a tax-deferred account like an IRA or 401(k)? Doug explains why you may want to reconsider in favor of tax-free accumulation.<br> * What exactly do the wealthy understand about safe, positive leverage? Once you know what they know, you’ll better understand how it can work in your favor too.<br> * What is the benefit in having liquid assets safely earning a predictable rate of return? If you have an <a href="https://liveabundant.com/compare-your-plan/iras-401ks/">IRA or 401(k)</a>, this is something you’ll be glad to know.<br> * And much, much more…<br> <br> Start by <a href="https://liveabundant.com/free-analysis/" target="_blank" rel="noopener noreferrer">visiting with a wealth architect</a> today.<br> What are the five key objectives to financial abundance? How can you evaluate various financial vehicles using the LASER test? <a>Click Here</a> to gain immediate access to the Three Tools for a Strategic and Predictable Retirement.<br> *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.<br>