Grow Your Wealth
The Value Of A Sound Financial Strategy
A sound financial strategy can help you achieve things that are important to you, like paying for your kids’ education or buying your own home. It can also help you ensure that your family is prepared for the unexpected, like a serious illness, the loss of a job or the death of a family member.
- Step One: Evaluate
- Step Two: Define and Prioritize
- Step Three: Create a Plan of Action
*Be sure to review your strategy periodically and adjust as needed.
Invest For Your Future
The sooner you start saving for retirement, the better. Even if you save through a retirement plan offered through your employer, chances are you will most likely still need to supplement your retirement savings with other investments.
How long of a retirement do you need to plan for?
The average 65-year-old can expect to be retired
for about:
How much money will you need for 20 years of retirement?
Assumes 8% rate of return, a 25% tax bracket and gains are taxed as they are earned. Example is hypothetical and for illustration purposes only and is not intended to represent a particular product. Actual results may vary.
How much does it take to save $750,000 by the time you are 65?
Assumes 8% rate of return, a 25% tax bracket and gains are taxed as they are earned. Example is hypothetical and for illustration purposes only and is not intended to represent a particular product. Actual results may vary.
Tax-deferred growth:
Tax-deferred means you don’t pay taxes on earnings that accumulate in your policy until you withdraw it. The money you would have paid in taxes each year continues to grow for you. Look at the difference between taxable and tax- deferred when saving $8,940 per year.
Assumes 8% rate of return and a 25% tax bracket. Example is hypothetical and for illustration purposes only and is not intended to represent a particular product. Actual results may vary.
Understanding Market Correction
Past performance is not an indicator of future results. You cannot invest directly in an index. Actual results may vary.
What is a Market Correction?
However, if the future trend remains optimistic, buying should resume, leading toward more growth. It’s a natural part of the market cycle.
Exiting the market at these times generally isn’t a good idea. The stock market usually makes up market correction losses in about three months. If you sell during the correction, you will probably not buy in time to make up your losses.
What Can You Do?
Securities are offered solely through Ameritas Investment Corp. (AIC), member FINRA/SIPC. AIC and Redbridge Financial LLC are not affiliated. Additional products and services may be available through Redbridge Financial LLC that are not offered through AIC. Securities products are limited to residents of Michigan, Arizona, Kentucky and Florida.
This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your Registered Representative. Read it carefully before you invest or send money. A Representative from Redbridge Financial LLC will contact you to provide requested information. Representatives of AIC do not provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation.