Growing & Protecting Your Wealth
Enjoy your future by mapping out your finances now
Careful planning today can set you up for a stress-free tomorrow, especially if you have years to grow your wealth. Using time to your advantage when investing for wealth accumulation is the easiest way to gain exponential returns.
The longer you invest, the more potential your money has to compound interest. If you don’t understand compound interest, don’t worry, you’re not alone. Robert Breault, the noted tenor once said, “If you understand compound interest, you basically understand the universe.” While we at Drew Capital don’t think he’s right about that, we do know that many people struggle to understand the concept. Here’s a simplified breakdown for those of us without finance degrees:
Investments always have risks and if your portfolio has not fully recovered from losses in recent years, you may wish to consider a more aggressive allocation to make up for lost ground and get back on track to accumulating wealth.
However, with fluctuations in the stock market, it is important to remember that more conservative retirement strategies typically have only a portion of the assets invested in the stock market. Allocations can be set aside for more conservative investments and/or secured* income contracts such as annuities. Annuities are long-term vehicles designed to generate supplemental income during retirement. They have minimum guarantees backed by the strength and claims-paying ability of the issuing insurance company. After all, the last thing you want to do is lose more ground during the next market correction.
The bottom-line is that you need to ensure that your investments are working for you and continually earning you interest. Call us at 833-DREWCAP or visit our website, drewcapitalgroup.com today to learn more about how we can help you accumulate wealth and plan for your future.
*Guarantees are backed by the financial strength and claims-paying ability of the issuing company and may be subject to restrictions, limitations or early withdrawal fees. Annuities are not FDIC insured.
