This document discusses accumulating wealth over a lifetime through saving and investing. It shows how much could be saved with different monthly incomes and years until retirement. It notes that many savings plans are not effective due to expenses cutting into savings. Instead, it recommends paying yourself first by setting aside savings before paying other expenses each month to accumulate wealth over time. The goal is to accumulate $1 million by retirement, but obstacles like taxes, inflation, and disability could impact one's ability to save and rely on investments and savings in retirement.

1. ACCUMULATING WEALTH
$
The tax information in this presentation is designed to be general in nature and for educational purposed only. Guardian, its agents and employees do not give legal or tax advice.

2. During Your Lifetime
You’ll Earn a Fortune!
YEARS AVERAGE MONTHLY INCOME
TO
RETIRE $2,000 $4,000 $6,000 $8,000 $10,000
10 240,000 480,000 720,000 960,000 1,200,000
15 360,000 720,000 1,080,000 1,440,000 1,800,000
20 480,000 960,000 1,440,000 1,920,000 2,400,000
25 600,000 1,200,000 1,800,000 2,400,000 3,000,000
30 720,000 1,440,000 2,160,000 2,880,000 3,600,000
35 840,000 1,680,000 2,520,000 3,360,000 4,200,000

3. Financial Success
!
Will not survive quot; # $#
to age 65 %
16
& $
$
$
Financially ' (*
)*
*
Dependent on:
• Continuing to work
• Children 66
• Government
• Charity
Wh e r e Wi l l Y o u B e ?
“Financially
Independent”
Independent”
(income of $30,000 or more) 18
*Social Security Office of Research and Statistics, April 2000

4. The Trouble with
Most Savings Plans
• FOOD
• CLOTHING
• SHELTER
• TAXES
• AUTO
• INFLATION
• PLANNED
OBSOLESCENCE
• ENTERTAINMENT • TECHNOLOGICAL
• RECREATION CHANGE
• OTHER
Mo n ey f o r
S a v in g

5. A More Practical and Productive Plan
• FOOD
• CLOTHING
• SHELTER
• TAXES
• AUTO
• INFLATION Create Wealth
• PLANNED by
OBSOLESCENCE PAYING
• TECHNOLOGICAL YOURSELF
CHANGE
FIRST!
• ENTERTAINMENT
• RECREATION
• OTHER

6. How to Accumulate a Million Dollars – The Advantage of
Starting Now
3,038
2,237
2,423
1,711
1,345
1,077 1,672
1,909
1,197
876
653 1,228
815
552
379
40 35 30 25 20
YEARS TO RETIREMENT
+

7. The Goal
•
!

23. The Obstacles
♦

24. Where would the income
Where would the income
come from?
come from?
Total Disability
• FOOD
• CLOTHING
• SHELTER
• TAXES
• AUTO
• INFLATION
• PLANNED
OBSOLESCENCE •SAVINGS
• TECHNOLOGICAL •INVESTMENTS
CHANGE
• ENTERTAINMENT
• RECREATION
• OTHER

25. The Obstacles
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