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Liquid Millionaire - isaco

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59<br />

<strong>Liquid</strong> <strong>Millionaire</strong><br />

Th en we will move on to how their wealth grows if they could get their<br />

cash to grow at 30% per year.<br />

And fi nally, we will look at what sort of amount of wealth they could<br />

accumulate by the time they reach the standard retirement age of 65.<br />

We will then move on to case study two and do exactly the same thing.<br />

We will complete the illustration with case study number three. When<br />

you have looked at all three case studies, I think you might be surprised<br />

by the huge diff erence knowledge can make in the overall level of wealth<br />

you can create over various time frames.<br />

We will be using a special Tax-Free Savings Compounding Calculator<br />

to work out these amounts.<br />

Th e calculator used for these up and coming examples is one that our<br />

clients get free access to.<br />

But we are not the only company to have such calculators. If you want to<br />

have a play with some fi gures, do a search on Google. Your goal should<br />

be to fi nd a calculator that does two things.<br />

1. Calculates what growth you get on your money over time, when<br />

grown at diff erent rates of return, when adding to your pot<br />

monthly or annually.<br />

2. Calculates what growth you get on your money over time, when<br />

grown at diff erent rates of return, when starting with a lump<br />

sum.

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