The first thing they did was figure out precisely how much money they ‘d need to comfortably retire when my father hit 50 and live off that cash well into their 90 s.
After creating a retirement budget plan, they worked backward to figure out how much cash they ‘d require to save each year to get there by age 50, taking into account the expected rate of return on their financial investments.
Viewing them, I have actually found out that conserving cash is the reverse of letting it sit around gathering dust.
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