We never think about it but reality is: people depend on us.If you are married, of course, your husband/wife and your children depend on your income.
If you're single, it is common that your parents and your siblings depend on you especially if they are going to school.
Have you ever thought what would happen to them if something happen to you right now?
We can guide you through investment strategies that will protect your income if something unfortunate happens to you and that will give you investment profits that can fund your retirement.
In my strategy, I save up 50,000 pesos each year to contribute into my investment. The investment vehicle that I use insures my income today so that in case something happens to me tomorrow, my family will be protected and receive a substantial amount from the proceeds.
And if I live long enough to retire at say 65 years old, my investment would have multiplied by then, allowing me to withdraw somewhere between P8-16 Million, tax free!
As you see, it is possible to accomplish the first and the last step of our program by being able to protect your family if something happens to you and that will allow your money to grow with time and will allow you to retire a millionaire!
Contact us if you want to know more about this topic or if you want some advice from our financial coaches. Email us at pinoyfinancialcoach@gmail.com
I've just started reading your blog and I really enjoy the simple way you write your articles. It makes it easy for not-too-finacially-savvy people like me to understand them :)
ReplyDeleteThis one sounds like a pitch for an insurance though. Or are you talking about something else?
Note: Nothing wrong w/ insurance, we've actually started investing in 'em recently.
Hi Rye,
ReplyDeleteThank you for taking the time to read and comment our blog.
Indeed, some type of insurance are really useful to attain the step 1 and step 4 of our program. That's why we advise and promote some of them.
But rest assured we will go beyond that in our blog to give you a more diversified strategy to attain your financial goal.
If you have any question, feel free to email us at pinoyfinancialcoach@gmail.com and please stay tuned for our next posts.
Awesome! Yup, I'll definitely stay tuned to it. Cheers!
ReplyDelete