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Keeping forward motion is crucial to your journey as a 1st generation financially successful person. Your legacy is your family’s new financial trajectory. We are rooting for you, every step of the way! Cheers to your financial success, your mental well-being, and the pursuit of caring for your family for generations to come.
♦Poor Man's Savings♦
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Ben is a late 30-year old professional who recently received a major promotion—to the tune of ~$20k monthly earnings—by far the highest income level for Ben. Seeing a bright financial future ahead, Ben makes a subtle inquiry about wanting to see a financial planner to a friend who happens to be a millionaire (Jason).
Jason knows just the right person and effortlessly hands-off to Ben the point of contact information to Jason’s very own wealth manager.
Ben is thrilled knowing that access to Jason’s wealth manager is sure to propel his own financial trajectory to millionaire status.
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Meanwhile, Ben engages in a casual conversation with his girlfriend Amanda and, out of excitement Ben says, “401ks are a poor man’s savings; I want to invest [stock market] my money.”
Amanda is puzzled because Ben knows that she aggressively contributes to her employer-sponsored 401k.
Ben meets with Jason's wealth manager within a week of the previously-mentioned conversation.
Afterwards, Ben eagerly shares with Amanda his experience with Jason's wealth manager including how Ben was told he could have ~$15M for retirement by maxing out his 401k annually.
Amanda: 🤷🏾♀️You still think 401ks are a poor man’s savings?
Ben: 🫠I see what you’re doing there.
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