$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC May 11, 2020
Financial Literacy , INSURANCE AND ILLNESSES , Investments , Savings

THE NEED FOR EMERGECNY SAVINGS – MORE IMPORTANT TODAY THAN EVER!

  Shortly after starting my career, I read most likely I would work for ten companies.  I thought that ridiculous and arrogantly laughed. My last employer was my 10th – NOT so funny anymore.  I was laid off four times during the course of my career. When I look back at the career “crisis” I faced, I realize we really use the word crisis too loosely.  On a scale of 1-10 my ...

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by Powers Investments Management, LLC February 17, 2020
Financial Literacy , Savings

THE “RULE OF 72” – YES YOU NEED IT!

        Have you heard of the “Rule of 72”?  This simple rule helps your HARD-EARNED MONEY grow!  The “Rule of 72” approximates how many years it will take for your money to double, given a fixed rate of return.  The formula: {72 / interest rate = Number years to double}. How long do you believe it will take to double your money if placed in a typical U. S. savings account?   ...

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by Powers Investments Management, LLC May 23, 2019
RETIREMENT

THE HOUSE JUST PASSED THE BIGGEST CHANGES TO RETIREMENT PLANS IN A DECADE

{TO READ THE FULL POST GO TO MY PROFILE AND CLICK https://wealthbuildingpowers.com/ The House of Representatives passed legislation Thursday that would make significant changes to the laws governing retirement savings accounts. The aim of the legislation, which will now move to the Senate for consideration, is to make it easier for more employers, particularly small businesses, to offer 401(k)s, and to let workers guarantee how much income their retirement savings produce ...

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by Powers Investments Management, LLC May 23, 2019
Financial Literacy , RETIREMENT

This Group of People Is Most Likely to Retire Broke

This Group of People Is Most Likely to Retire Broke https://www.fool.com/retirement/2019/05/23/this-group-of-people-is-most-likely-to-retire-brok.aspx If you refuse to attempt to save for retirement, it is 100% guaranteed you will retire broke! Unfortunately those people earning <$50,000, include a large percentage of women and minorities. You CANNOT keep singing the Woe Is Me, ballad! Keep reading this post to learn the action you can take starting TODAY! EXERPT FROM ARTICLE “Approximately 60% of workers who earn less than ...

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