Hi, Michael Jackson, T-Pain, Mike Tyson, Will Smith, and many other big names all have one thing in common... They were great spenders... It's estimated that by the time of his death, Michael Jackson was 500 million-dollars in debt. He was able to borrow that much just before... Mike Tyson blew almost his entire 400-million dollar fortune and people don't even know what he blew it all on. And no sooner had Will Smith made his first mil - he had spent his first 2 mil. It's crazy. And spending habits like these aren't unique to famous people... You've probably heard of those doctors or lawyers that are always upgrading their lifestyle to match their income... They get a better job - so they spend more on their lifestyle. They get promoted, so they move into a bigger house... And no matter how much comes in, they just never put any of it away. It's almost like they make sure there's never anything left over... 5 years pass. Then 10. Then 20. Then 30. Then 40 and you're retired at 1/3 of a salary I couldn't live with to begin with... And suddenly, before they know it, they're at 60. And they have nothing to show for all their hard work over the last 40 years. Granted its hard to finance 89 years of living on 40 years of working.. And that's what many people don't get. Most people think it's all about how much you can bring in. How much you fill your wallet. But there's more to it than that... The Game Isn't About Making It — The Game Is About Keeping It and the Freedom it Provides the Real Wealth! Now Friend, I'm going to assume you don't want to reach retirement with nothing in the bank... But the sad reality is, most people don't think like you do until it's too late... I'm one of them or should I say was one of them... How many retired people do you know that don't need any financial support from anyone else? They're completely self sufficient?
Probably not too many.
Let's look at it the avg. IT person makes about $160k During his lifetime his company and him sock away $120k x 2 = $240K...
If that money was put in a regular savings account compounded interest over time it would be 'bout $1.6MM. Of which they draw $17k/ yr and the family gets $17k/ yr.
Now, if say he's single for a moment he should be able to drawn $40k/ per year a d funds wouldn't be depleted 'till he's 99, beginning at age 62... And I'm talking about just the basics here ( like affording a home, food, and travel etc. )... Besides today we retire in stages and dome lost their money in last financial bubFY08. But what about this... How many retired people do you know that can fly business class, can go on a cruise (its cheaper than a nursing home) if they feel like it, and can just do whatever the hell they want - whenever they want? My guess is way, way fewer. If any. You see, all the people I know who are living their "dream life" right now, that are in that top 1%, know something the rest don't. They have mastered a skill most don't even think about. And that is the skill of Investing. This is the second part of the formula, I' be been alluding to... Instead of blowing it all on a lavish lifestyle - they've learnt to keep a percentage of what they make in certain investment vehicles and they diversify. And year by year they've grown it into a complete treasure trove. And these people aren't all super 'well off' to start with. That's a myth. They just start off like any average person with a couple hundred bucks, some invest spare change $1500/ hr with acorn.com. And they build on it month after month... yeah after year... It's how they got to where they are today. And it's how they created the life they have now. By the way, this is what I did too. And after you've learnt this this second part of the formula, you'll be able to do the same. On February 23rd to 24th, I'm holding a private event in Las Vegas where I'm going to show you the second part of the formula from beginning to end. You're going to learn every step you can start taking today to better equip yourself for your tomorrow. Click the link below for more details. ---> "Show me what the top 1% actually invest in." My thanks in advance for your attention, consideration, energy, time and trouble.
Cheers,
%%Dan Lok The Asian Dragon P.S. This event is only for those serious about learning the secrets to investing... Because at the event, there's going to be a lot of action taking and implementing. If you want to come and just be an observer - this is probably not the right event for you. "This is for me." |
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