Making a Million $

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Making a Million

• Presented by Frances Kwock
• Based on a book titled
• Time is Money
• Written by Frances Leonard

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FREE Money, If you SAVE Now!

• From 87 to 95 percent of your million will be
  free!!
• No sweating for this money.
• Wont need to inherit it, marry it or steal it.
• However, must constantly fight your desire to
  spend.
• Must save, save, save!!!

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Surest Route to Wealth without Work

• Compounding of interest
• interest that pays interest on the interest
• reserves its meteoric effects for the final years
• Time
• use your youth to make a million
• compounding needs time to work its miracles

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Compounding reserves its meteoric effects for the
final years
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Use your Youth to make a Million!

• Look at all the free money youll get just for
  being young. The out-of-pocket cost for the
  20-year-old is 40,890 (959,104 free), for the
  25-year-old is 60372 (939,628 free), for the
  30-year-old is 88,464 (911,536 free), for the
  35-year-old is 128,304 (871,696 free)

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Monthly Investment Plan _at_10

• If you make your last payment at age 67 and your
  first payment at
• 20 then pay 71/mo. 22
  87/mo. 24 106/mo. 26
  130/mo. 28 159/mo. 30
  194/mo. 32 238/mo.

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Cant Afford It! Do You Really Need a Million?

• You will have this much money if you invest 50
  monthly _at_10, ending on your 67th birthday and
  beginning when you turn
• 20 708,705
• 21 640,959
• 22 579,636
• 23 524,125
• 24 473,875
• 25 428,389
• 26 387,215
• 27 349,942
• 28 316,203

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General Assumptions

• Retirement age is 67 years old
• Calculations use monthly compounding
• Investment vehicles are stocks, bonds or mutual
  funds
• Rate of return at least matches historical avg.
  annual return on stocks of 10.3

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IF you want it, you have a ONCE-IN-A-LIFE -TIME
chance, it wont come around again!!
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