Save, invest and then spend. Young people has time as their greatest asset. Open a wealth accumulation plan to save early. Invest your extra 5%, save at least 6months of your income for emergency and as you age, save from 10-20% of your income towards retirement. Proper asset allocation is very important.
Detailed pension – life policy illustration if a 52 yr old can reallocate idle money (401k,CD,others) to this policy with 3 living benefits: terminal, critical and chronic illness added at no cost. For those 45 and older, a permanent whole life policy is more appropriate.
A pension – underwritten life insurance illustration 52 unisex
$5 to $15 per day saver starts at 30yr old can accumulate around $390k after 30 yrs
Contact Connie Dello Buono, for an illustration based on your retirement income needs (with tax-free strategies and health benefits) at 408-854-1883 motherhealth@gmail.com CA Life Lic 0G60621