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Initial |
Weekly Payroll |
Annual Interest |
Number of |
Future |
Total Interest |
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| Wouldn't you
and your family be better off selling out, investing the money in a savings
account, and getting a job?
Look how much money you would end up with. Perhaps you would now have the health to enjoy your retirement!
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Often dealers tell us they are postponing profits for later or that they are under paid because they are building a company that they will some day sell. We'll fine. Just be sure you sell for a lot more money than you are giving up. In other words, sell for significantly more money than you would have if you had just saved that money (the money you did not make).
For example: Let's say you are under paid just $75.00 per week (we bet that's low) for your entire 30 year career. Assuming a 15% return on your money, you would have $2,305,965.86 in tax deferred savings had you just had a job and saved that much money yourself. You would be a multi-millionaire!
If you are torturing yourself as self-employed, make certain it is worth it. You could get a good paying job with a lot less stress, save $75.00 per week for 30 years, and retire with almost three million dollars.
STOCK MARKET RETURN
The stock market had a return of 24.30% from 1963 to 1993. One dollar invested
in 1963 would be worth $24.30 in 1993. Source: Towneley Capital Management, Inc.
1999.