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Ways to build your wealth so you don't run out of money

Ways to build your wealth so you don't run out of money

I am hearing stories and I’m sure you are too, about people reaching their 90’s and running out of money. Well, the truth is it can happen at a much younger age. Sometimes there are circumstances beyond your control that rob you of earning capacity, circumstances like an interrupted work career. Women, in particular, miss out years of earning capacity because caring for the family too often falls on them.

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Ann Nelson
Yes more than one way to skin a cat
Thursday, 18 January 2018 16:46
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Are all your eggs in the one basket?

Are all your eggs in the one basket?

The risk of not being diversified. 

What’s your financial backup plan? Whether in life or for investing there are risks if you aren’t truly diversified. It correlates to having all your eggs in the one basket. We could be talking about what happens to the household if the main breadwinner stops bringing home the money. What if the one that earns all the income to pay for the family’s monthly bills, suddenly becomes ill or injured and cannot work?  What happens then?

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Financial Planning 101

Financial Planning 101

Christopher Calandra CFP shares his 3 steps to Secure Financial Freedom

We spend more time planning the family vacation than we do our financial future. That's a pretty bold statement. I personally think it is shocking but it is true which is why Christopher Calandra, a certified financial planner, made it during our interview for today's show.

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