If you want to learn what the rich know, here are 4 areas the Rich are Concerned about when focusing on their wealth and keeping wealth in the family.
What are the 4 steps to keeping retirement freedom?
- Reliability of Income – To make wealth, the rich focus on Return on Investment. To make that wealth work for them, they focus on Reliability of Income.
- Biggest Expense – Income Tax Cost – The rich know being deliberate about your income tax expense is typically one of the greatest if not the greatest opportunity for keeping wealth.
- Protect from Health – The rich want to know they will be able to protect the bulk of their assets in the event they need care in their home or otherwise.
- Keep it in the Family – I want my stuff to go where I pick and even protect my kids and grandkids from their own inexperience judgement if needed.
What is the Smart Money Doing for the Rich? Focus on either Return on Investment or Reliability of Income depending on your status.“I wish someone would have told me this earlier.”
Now you know!!