“Remember the good old days when a million dollars seemed like a fortune? Times have most certainly changed, but not your chances,” said Adam Nelson, founder and CEO of Workhouse. “As a boomer, you’ve likely accumulated a wealth of experience, which, unlike your back, doesn’t actually depreciate with age.”
Nelson added that it’s never too late to learn about compound interest, and if you were waiting for the right time to start saving, while yesterday was the perfect day, “today’s not too bad either.” According to him, age can be a surprisingly savvy ally in your financial journey — meaning that you’re potentially more skilled at dodging financial pitfalls and can make more informed decisions. “Remember, Warren Buffett made 99% of his wealth after his 50s. So, if you keep these sentiments front and center, you’ll get closer to Tycoon status — with style, dollars, and sense,” he added. Small Print: *Adam Nelson is not an actual Millionaire Read the full article: https://finance.yahoo.com/news/become-millionaire-60s-130033585.html
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