On the financial path to retirement, there are numerous trade-offs and choices along the way. These trade-offs and choices affect your lifestyle in the present and have ramifications for your future. Spend a lot of money now, and you up your lifestyle now but at the expense of your nest egg. Live too frugally, and you’ll have more money in retirement but at the expense of enjoying yourself in the prime of life.
At least, that’s what we’ve been led to believe all our lives. What if you could both enjoy the wealth you’ve created now while also feeling secure about your financial future?
What Financial Success Really Is
To us, financial success means having the maximum benefits from a maximum money supply at all times in your life. It means having the foundation and peace of mind to be able to enjoy your wealth now and have the certainty that you’ll never run out of money in the future.
Sounds pretty great, doesn’t it?
This is the kind of financial success we aim for with our clients. With our Financial Treatment Plan, we create a situation where income doesn’t stop once retirement starts, and our clients effectively don’t take a pay cut just because they’ve stopped working.
How to Enjoy Wealth and Preserve Wealth at the Same Time
This may sound too good to be true, but we swear it isn’t. It simply requires a different approach to money.
Stop listening to the rainmakers. That’s what we call the government, financial institutions, and corporations. They dole out the same bogus wealth-building advice you’ve heard all your life, advice that preaches accumulating money and relying on compound interest and the like to help grow it over time. This strategy works out wonderfully for them but not so great for you.
Instead, you need to shift your focus from accumulating wealth to accelerating wealth. Acceleration strategies effectively employ every dollar in more than one job at a time, creating a new rate of return with additional benefits and accelerating wealth.
Guess which strategy the rainmakers follow themselves. That’s right, they’re leveraging acceleration strategies, not the accumulation strategies they advise you to follow. Interesting, isn’t it?
When you swap accumulation for acceleration, that’s when you really take control of your wealth. With smart planning, you can put yourself in a position where you’ll be able to enjoy the fruits of your labor now while knowing that you’re not sacrificing your future for it.
Think About Wealth Differently
This is just a brief overview intended to get you thinking differently about how your money works for you. There’s much more to learn, and you can do that by checking out our website. Be sure to be on the lookout for our upcoming book, Your Retirement Smile, too, which is all about helping dentists take charge of their financial future and maintain their wealth and income through retirement.
Related post: Don’t Let Poor Planning Take A Bite Out Of Your Retirement Adventures
