Our Purpose and Mission are to Solve Your Problems with Guaranteed, Common Sense-Proven-No BS-High Performance-Guaranteed Solutions that Helps You Transform Your Current Life, Business or Financial Challenges into Your Desired Vision and Reality through MKS MASTER KEY ENGINEERING and COACHING SYSTEMS! Call 650-515-7545- Email: mjkkissinger@yahoo.com WEB: mksmasterkeycoaching.com
Attention: Are You Looking for a Way to Attain Your Dreams, Exceed Your Hopes, and Live Your Fullest Life?
An abundant life means. Living large, believing in the endless possibilities that life has to offer you.
Abundance living is not just a buzzword, it’s a way of life. It’s about shifting our mindset from scarcity to abundance, and recognizing the blessings that are already present in our lives. By adopting an abundance mindset and using positive affirmations, we can attract more prosperity and opportunity into our lives, which leads to greater peace.
Living an abundant life is all about having a mindset of abundance. It’s not just about having more money or possessions, but it’s about feeling grateful for what you have and focusing on the positive aspects of your life. To develop an abundance mindset, it’s important to understand the power of your thoughts.
A life of prosperity and abundance includes much more than acquiring material items. It also includes being abundant in knowledge, spirituality, vibrant health, beauty, meaningful relationships, love, and so on.
You can live a life of abundance becoming aware of the places where we have a scarcity mindset and shifting it to one of abundance is taking an enormous step forward in living a profound life of abundance.
* Significant Other includes Dating or Life Partner
* Career: Career, Profession, Business, Motherhood, Work or Volunteering
* Finances include: Money or Financial Security
* Health: Emotional and Physical
* Home Environment or Work Environment
* Fun & Leisure or Recreation.
* Personal Growth: Learning or Self-Development
[2]: Answer these 12 Questions:
1. How do you feel about your life or finances?
2. Are there any surprises for you?
3. How do you currently spend time in these 8 areas?
4. How would you like to spend time in these 8 areas?
5. What would make that a score of 10 in these 8 areas?
6. Describe what a score of 10 would look like in those areas?
7. Which of these 8 areas would you most like to improve?
8. How could you make space for these changes in your life?
9. What help and support might you need from others to make changes—and be more satisfied with your life?
10. What change do you want to make first?
11. What is the smallest step you could take to get started?
12. If there was one key action that would begin to bring everything into life balance, what would it be?
[3]: Rank your level of satisfaction in each of these areas of your life. Scoring is between 1 (very dissatisfied) and 10 (fully satisfied).
* Family and Friends
* Significant Other includes Dating or Partner
* Career: Profession, Business, Motherhood, Work or Volunteering
* Finances or Money or Financial Security
* Health: Emotional and Physical
* Home Environment or Work Environment
* Fun & Leisure or Recreation
* Personal Growth: Learning or Self-Development
The Andrew Carnegie Success Formula by Napoleon Hill
The method by which DESIRE for riches or any other thing can be transmuted into its financial equivalent, consists of six definite, practical steps, viz:
First. Fix in your mind the exact amount of money you desire. It is not sufficient merely to say “I want plenty of money.”Be definite as to the amount. (There is a psychological reason for definiteness which will be described in a subsequent chapter).
Second. Determine exactly what you intend to give in return for the money you desire. (There is no such reality as “something for nothing.)
Third. Establish a definite date when you intend to possess the money you desire.
Fourth. Create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.
Fifth. Write out a clear, concise statement of the amount of money you intend to acquire, name the time limit for its acquisition, state what you intend to give in return for the money, and describe clearly the plan through which you intend to accumulate it.
Sixth. Read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning.
AS YOU READ-SEE AND FEEL AND BELIEVE YOURSELF ALREADY IN POSSESSION OF THE MONEY OR OTER THINK YOU WANT.
It is important that you follow the instructions described in these six steps. It is especially important that you observe, and follow the instructions in the sixth paragraph. You may complain that it is impossible for you to “see yourself in possession of money” before you actually have it.
Here is where a BURNING DESIRE will come to your aid. If you truly DESIRE money so keenly that your desire is an obsession, you will have no difficulty in convincing yourself that you will acquire it.
The object is to want money, and to become so determined to have it that you CONVINCE yourself you will have it.
To the uninitiated, who has not been schooled in the working principles of the human mind, these instructions may appear impractical. It may be helpful, to all who fail to recognize the soundness of the six steps, to know that the information they convey, was received from Andrew Carnegie, who began as an ordinary laborer in the steel mills, but managed, despite his humble beginning, to make these principles yield him a fortune of considerably more than one hundred million dollars. Napoleon Hill
[4]: More Action Steps to Create and Live an Abundant Life
So, you’re ready to create a life of abundance, huh? Well, you’ve come to the right place. In this step-by-step guide, we’re going to walk you through the process of transforming your life into one filled with abundance in every aspect. From cultivating a positive mindset to setting clear goals and taking consistent actions, we’ll cover it all. Get ready to unlock your full potential and manifest abundance like never before. It’s time to start living your best life.
Life balance is personal and unique to each individual. What is satisfying or balanced for some may be stressful or boring for others. And at the core of this we’re raising your awareness of you. And it’s this awareness that allows you to plan a more satisfying life that’s closer to you own unique definition of balance.
Is it time to construct an entirely new attitude about your life, career, money, your power, or to build the financial security that you need and deserve – so you can stop just surviving and start thriving?
Contact and Join us. You are perfectly positioned to live the abundant life.
Universal Law-Business-Financial Results Experts who Teach, Mentor or Coach Business Owners, Decision Makers, Entrepreneurs or Individuals Attain their Dreams, Exceed their Hopes or Live Their Fullest Life.
Live Long and Prosperously,
Reitenbach-Kissinger Institute Sydney Reitenbach and Michael Kissinger Text: 650-515-7545 Email: mjkkissinger@yahoo.com
The Schwab 2019 Modern Wealth Survey asked respondents what they’d do with $1 million, and here are the results.
You could buy so many amazing things with that amount of money. As you can see, a million dollars can buy you many luxury items. However, it could also help you to retire early. With a million dollars in the bank, you could invest and grow your money further, which would allow you never to have to worry about money again.
21%: Save
About a fifth of those questioned said they’d save the money. That’s an excellent thing to do — especially if you don’t already have a stocked emergency fund.
You probably don’t need to put the entire million dollars into an emergency fund, though. Putting much of it in investment accounts, such as those earmarked for retirement, is a top-notch idea, as well.
23%: Invest
About a quarter of survey respondents said they’d invest the money, which is one of the most powerful things you could do with it — because the more money you have, the more you can grow.
28%: Pay down debt
More than a quarter of respondents said they’d use their million-dollar windfall to pay down debt. This is a very smart move and arguably the best use of your money if you’re carrying any high-interest rate debt, such as that from credit cards.
54%: Spend it — on a house, car, or travel
Finally, more than half of the respondents said they’d spend the money — on a home, a car, and/or travel. Those are great uses for a windfall, but only if you have: No high-interest rate debt, An emergency fund with three to six months’ worth of expenses, Retirement accounts on track to provide what you’ll need in retirement, Sufficient assets to cover other important financial goals, such as college.
* 3% Work on Personal or Self Improvement
Personal development can lead to greater happiness, fulfillment, and meaning in life, as it allows you to pursue your passions, improve your relationships, and make a positive impact on the world. Ultimately, personal development as an ongoing process of growth and discovery that can help you live a more authentic, fulfilling, and successful life.
What Would You Do for $100,000?
Would You Do This?
With a Million DollarsYour Possibilities are Endless! You Can Buy…..
A house or apartment in an expensive neighborhood
A fancy car like Ferrari or Lamborghini
An island off the coast of Australia and build your own private resort
Charter a private jet for a lavish getaway
As you can see, a million dollars can buy you many luxury items. However, it could also help you to retire early.
With a million dollars in the bank, you could invest and grow your money further, which would allow you never to have to worry about money again. Remember what I said above – your $1M will be conservatively worth about $2.3M in 10 years.
And let’s get honest for just a second. Being a “millionaire” isn’t quite what it used to be.
$1M is going to mean something different to different people in different stages of life. Just wanted to throw that caveat in there before we move forward.
The Value of a Million Dollars Over Time
A million dollars may seem like a lot of money today, but its value decreases over time. Inflation is the reason for this – it means that prices for goods and services increase over time. This makes a million dollars less valuable in the future.
For example, 50 years from now, a million dollars will not be worth what it is today when it comes to buying power, so that is something to keep in mind when saving and earning to reach a million dollars.
How Much is a Million Dollars After Some Time?
The value of money is decreasing over time, and this is due to inflation.
Based on inflation, a million dollars in the future won’t be worth as much as it is today. So in order to maintain its value, a million dollars will need to grow at the rate of inflation.
Millionaires can still afford expensive things such as jewelry, cars, and houses. The only difference is that their money won’t buy as much as it could have in the past.
The purchasing power of a million dollars will continue to decrease over time if no effort is made to stop inflation.
If left unchecked, inflation can eat away at the value of your savings and investments.
If you want to maintain a million dollars purchasing power, you must invest wisely to beat inflation.
For $1,000,000 Would You ConsideredSaving a Million Dollars?
At the end of the day, saving money is necessary to maintain your purchasing power. The more you save, the more value it will have when inflation rises again in future years.
You have to control your purchases in order to save money. This means not buying things you don’t need and sticking to a budget.
Try to save as much money as you can in order to make your million dollars last longer.
It will take some time and effort, but it’s definitely worth it in the end.
For $1,000,000 Would You Considered the Ways to Make a Million Dollars?
Here are some ideas:
Start your own business – this could be anything from selling products online to offering consulting services, starting a restaurant, etc.
Earn income from multiple sources – for example, by working a full-time job and doing some freelance work on the side.
Work hard at your job – if you’re working full time, try to get promoted and earn more money! This will take dedication, but it’s worth it for the long-term benefits.
Avoid over spending– We all have our guilty pleasures but try to limit them as much as possible so you can save up for something big!
Invest wisely and save money for the future– This way, you can grow assets that will generate income over time.
Win the lottery– This is the most unlikely scenario. I don’t even recommend wasting money on lottery tickets!
There are plenty of ways to make a million dollars. All it takes is time, patience, and hard work.
For $1,000,000 Would You ConsideredInvesting a Million Dollars?
Suppose you’re lucky enough to earn a million dollars. In that case, it’s important to invest that money wisely.
Of course, there are many different ways to do this, and some people will tell you one way is better than the other – but at the end of the day, it all comes down to personal preference.
Here are some ideas for investing your money:
Invest in a business– This is a great way to grow your money over time and could potentially provide you with a lot of income in the future.
Invest in Bonds– Bonds are investments that pay interest annually or semi-annually (every six months). They are relatively safe investment, but it’s possible to not beat inflation when investing in bonds.
Invest in Property– Buying property is a great way to secure your financial future – especially if you purchase properties in desirable locations.
Buy stocks or shares in companies-This can be risky, but it’s also one of the fastest ways to grow your money, especially if the companies are doing well.
Invest in gold and silver bullion bars– You’ll want these assets if there ever comes about another Great Depression because they’re worth a lot more than their face value.
There are many different ways to invest your money, so it’s essential to do some research and find the option that best suits you. Investing a million dollars is a great way to ensure that your money will grow over time!
For $1,000,000 Would You ConsideredHow You Would Spend a Million Dollars?
Here are some ideas:
Buy a luxury car like a Ferrari or Lamborghini- These cars are status symbols and will definitely turn heads when you drive them around town! Personally, I would never buy a car like this as I think it’s a waste of money, but to each his own!
Buy a mansion or luxury apartment– This is the perfect place to host lavish parties and entertain your friends and family. I have a dream of owning apartments in all the major world cities!
Buy a lot of expensive jewelry such as diamonds, pearls, etc.- Not only will this show off your wealth (if that is what you’re after – not really for me, I prefer to live more simply), you can invest in these items to sell later at a higher price.
Buy a yacht– This is another excellent way to entertain guests and have fun with friends on the water. If you’re a boat lover, maybe this is for you. Just keep in mind that boats are money pits!!
Travel the world in style– You could fly first class on every airline and stay at five-star hotels in each country you visit – how amazing would that be? Now this is the life! Everyone has what they want to spend their money on, and this is mine.
Purchase your dream home with all of the bells and whistles you’ve always wanted but couldn’t afford before now.
Donate money to charity -so that other people can have better lives. This one is key. When you have more than others, I think helping out how you can is crucial!
There are many different ways to spend a million dollars, and some of the items you purchase can become investments. It’s up to you to decide what you want to do with your money.
So just be sure to enjoy it – after all, you’ve worked hard for it! That said, be smart with it. You’ve read those stories of people winning the lottery only to end up bankrupt a year later….
For $1,000,000 Would You Consider What You Would Do With a Million Dollars
A million dollars is a lot of money, but it can be broken down and understood in smaller terms. When we think about what we could do with a million dollars, there are a lot of possibilities.
We could buy a huge house or a fancy car, take luxurious vacations, or invest in our businesses and see them grow. But at the end of the day, whether we have one dollar or one million dollars, we all just want to be happy and feel content.
So let’s remember that no matter how much money we have in the bank, what really matters is how we use it to make a difference in the world around us.
We hope this article has helped you understand how much one million dollars really is, and we wish you luck on your journey to gaining that millionaire status!
For $1,000,000 Would You ConsideredWhat Self-Made Millionaire Coaching Could Do For You?
* Hit your financial goals faster
* Improve your income
* Take control of your emotions (this one is huge)
* Have more peace of mind and freedom
* Start living life on your terms
* Get the tools to TRIPLE your income
* And a ton more.
For $1,000,000 Would You ConsideredCreating a Self-Made Millionaire Plan
1 – Pay off bad debt – Saving on interest, reducing stress and improving your credit.
2 – Make a plan – If you don’t allocate it all out somewhere intelligent, you will spend it frivolously.
3 – Fill up your tax sheltered accounts and employer matches – It’s free money
4 – Educate yourself to improve your work life or move into a career you prefer
5 – Use your new credit – Now that you have money and no bad debt you have great credit. Refinance your loans and get some amazing credit cards.
6 – Make an emergency fund – This will reduce your stress level for your whole life.
7 – Invest in the stock market – Invest 1/2 of the money in the stock market via index funds. This should yield around $20,000 of income for life and be possible to liquidate if it’s ever needed.
8 – Not pay off your mortgage – Mortgage interest is too low to focus on. Improve your income first.
9 – Invest in real estate – Rentals yield lifelong income and a higher payout than stock investments. Having a portfolio of rentals ensures you will have a strong side income for life.
We’re offering you the chance to generate $1 MILLION for yourself and your family by joining and working with us in the MKS Master Key Self-Made Millionaire Coaching Program.
Interested?Contact us now!
Live Long and Prosperously,
Reitenbach-Kissinger Institute
Sydney Reitenbach and Michael Kissinger Universal Law-Business Results Experts-Offering Proven Business Profit Optimization Results, Cash Flow Maximization, Funding, Marketing, Sales, Management, Leadership Coaching. Helped 10K+ Owners Earn/Save $1 Billion+
Text: 650-515-7545
Email: mjkkissinger@yahoo.com
PS. A million dollars is a lot of money, so you may be able to use it to tackle the above — get out of debt, set up an emergency fund, invest a lot of it for your future, and then… perhaps make a down payment on a new home, buy a new car, and take a big trip!
Turn Your Military Career Into 7 Figures. Retire from Your Military Career Financially Free
Becoming a Military Millionaire Is Simple! Follow These Steps and You’ll Be on the Road to Become a Military Millionaire!
Enjoy the Freedoms you Fought For!Follow These Ways and You’ll Be on the Road to Become a Military Millionaire!
There are many legal ways to become a millionaire while serving in the military. Through careful financial planning, taking advantage of benefits such as the GI Bill for education, and potentially obtaining high-ranking positions, it is possible to become a millionaire while or for serving in the military.
1. Avoid expense creep
2. Pay yourself first
3. Increase your income
4. Invest in yourself
5. Make Taxes through Deductions: (40% of your income is taxed in the military)
6. Make your money work for you
a. Thrift Savings Plan
b. Index Funds
c. Rental Properties
7. Marry Intelligently
8. Network with another military millionaire
9. Avoid these Pitfalls on the Road to Becoming a Military Millionaire!
1. New Cars
2. Tattoos/Alcohol
3. Wasting time
15 ReasonsYou Can Become a Millionaire While Serving in the Military Include
1. Very very few expenses.
You don’t make a lot, but you should be able to easily save and invest over half of your pay check.
2. High-paying military careers
Some high-paying military careers can make you rich (pilots, special operations forces, and certain technical or medical specialties).
3. Education benefits can help military members become millionaires
Education benefits, such as the GI Bill, can provide military members with access to affordable education and training, leading to higher-paying civilian careers.
4. There are investment opportunities for military members.
Military members have access to retirement savings plans and investment opportunities that can help build wealth over time.
5. Military service can lead to civilian job opportunities that can make you a millionaire
Military service can provide valuable skills and experience that are highly sought after by civilian employers, potentially leading to lucrative career opportunities.
6. Financial resources available to military members
Military members have access to resources such as financial counseling, loan programs, and special insurance options.
7. Military members can take advantage of real estate opportunities
Some military members can invest in real estate while stationed in different locations, taking advantage of potential property value appreciation.
8. Military members can start successful businesses and become millionaires
Military members with an entrepreneurial spirit can start businesses, leveraging their skills and experience to achieve financial success.
9. Job benefits can lead to financial success in the military
Job benefits such as housing allowances, healthcare coverage, and retirement plans can contribute to long-term financial stability.
10. Military discipline and training can contribute to financial success
The discipline and leadership skills taught in the military can be valuable in managing personal finances and pursuing financial goals.
11. There are opportunities for military members to earn bonuses and incentives
Some military specialties offer bonuses and incentives for re-enlistment or specialized training, providing opportunities for financial advancement.
12. Military service can impact personal financial management skills
Military training and experiences can positively impact personal financial management skills, leading to greater financial success.
13. There specific financial tips for military members to become millionaires.
Tips for military members include maximizing savings, taking advantage of military benefits, and investing wisely for the future.
14. Military members can access financial planning resources
Military members have access to financial planning resources and services to help them make informed decisions about their financial future.
15. Military members can set financial goals, utilizing educational benefits, investing in retirement savings plans, and seeking out career advancement opportunities.
17 Side Hustles For Active Duty Military to Make Extra Income
1. Write an “app” that takes off.
2. Write a best seller in your spare time
3. Start a Military Blog
4. Start a YouTube Channel
5. Become an Online Fitness Instructor
6. Open an Online Store
7. Sell Digital Products Online
8. Create and Sell An Online Course
9. Write an Ebook
10. Start a Retail Arbitrage Business
11. Become a Writer/Editor
12. Become a Video/Podcast Editor
13. Offer Pet Sitting Services
14. Offer Graphic Design Services
15. Become a Remote Travel Agent
16. Join Survey Sites
17. Join MKS Master Key Financial Freedom Coaching Team.
Of course, as an active duty military service member, it’s important for you to consider the effect your side hustle may have on your service. You need to avoid side hustles that may conflict with your obligations to the military, or violate any laws or regulations.
With that said, we’ve researched some of the best side hustles that are ideal for active duty military.
Read the rest of this blog to learn how you can go from deployment to entrepreneurship to millionaire so you can start supplementing your income right now and build wealth in the future.
The Financial Freedom ProjectHelps You Become Wealthy
This is intended for US Military Members looking to take control of their finances and get on the road to becoming a millionaire
The Financial Freedom Project is a super-exclusive program that will help you take your business to the first million in revenue. In this 6-12 month program, we will share for the first time ever, everything we did to hit that milestone in such a short time.
Most people don’t become financially independent because they never get to learn the inner game of money. The schooling system across the world never included the financial education in their curriculum. The millionaire project is a humble attempt to spread the knowledge on money and achieving financial freedom.
Through these five courses, you will cover a variety of personal finance topics, including budgets, investing, and managing risk. The readings, videos, and activities will prepare you to understand the current state of your money, as well as take actions to work toward your financial goals. This specialization is geared towards learners in the United States of America.
In each course, learners will get to apply the skills they are reading and hearing about through activity worksheets that allow them to apply the personal finance concepts towards their own money situation – including a budget, financial goals, and strategy. Read more
1. Introduction to Personal Finance
There are 4 modules in this course
This course is a general overview of a variety of personal finance topics – including budgeting, the importance of your credit score, cash flow, setting financial goals, and taxes. Taught by two CERTIFIED FINANCIAL PLANNER™ Professionals, the concepts are broken down through videos, readings, and activities so you can apply what you are learning in real time. The course provides the foundation to build on for the rest of The Fundamentals of Personal Finance Specialization or as a standalone survey course to improve your understanding of basic personal finance terminology, as well as how they apply to your own financial situation.
Whether you are just starting college, nearing retirement, or somewhere in between, this course will provide you with the knowledge to understand your money and actionable steps to manage your finances in the future. This course is geared towards learners in the United States of America.
Introduction to Personal Finance
Saving Money for the Future
Managing Debt
Fundamentals of Investing
Whether you are just starting college, nearing retirement, or somewhere in between, this course will provide you with the knowledge to understand your money and actionable steps to manage your finances in the future. This course is geared towards learners in the United States of America.
2. Saving Money for the Future
There are 4 modules in this course
This course is designed for anyone who currently has, or will have in the future have, savings goals. Learners will come to understand the importance of compounding growth, the variables that impact setting goals like retirement savings, and how much money you need to save now to reach future goals. The course will help learners think through individual goals, like retirement, but also how those goals fit into your bigger financial picture. For example, saving for retirement, buying a home, and funding college for your kids all at the same time. The instructors will also cover how preparing for emergencies can prevent the derailment of those financial goals.
The concepts covered in this course are broad but through the activities offered, learners will see how to apply what they are learning about saving money for the future to their lives now. This course is geared towards learners in the United States of America.
Introduction to Personal Finance
Saving Money for the Future
Managing Debt
Fundamentals of Investing
3. Managing Debt
There are 4 modules in this course
This course is aimed at anyone who has debt, is thinking of taking on debt, or wants to better understand debt as part of your overall financial picture. It covers a variety of debt types, as well as debt payment options. The course will help you assess your current debt situation and understand the paths to paying off your debt. This includes categories such as mortgages, credit card debt, and student loans. Learn how to differentiate between good and bad debt, as well as how to think about debt as you work towards your financial goals. This course is geared towards learners in the United States of America.
Understanding the Basics of Debt and Home Loans
Addressing Student Loan Debt
Managing Credit Cards and other Debt
Paying Down Debt Strategically
4. Fundamentals of Investing
There are 4 modules in this course
This is primarily aimed at novice investors who want to better understand the concept of investing and how it can fit into their overall financial plan. This course will cover different investment vehicles, risk tolerance, diversification, and the difference between active and passive investing, as well as investment fees and taxes.
Whether you are just getting started investing or want to play a more active role in your investment decisions, this course can provide you the knowledge to feel comfortable in the investing decisions you make for yourself and your family. This course is geared towards learners in the United States of America.
Understanding the Different Types of Investment
Balancing Risk and Return
Developing an Investment Strategy
Understanding Taxes and Fees
5. Risk Management in Personal Finance
There are 4 modules in this course
This course is primarily aimed at those who want to understand more about how they can protect their finances from unexpected events. This course covers the role insurance plays into your financial plan, including what kinds of insurance to explore, how to determine how much insurance you need, and how different kinds of insurance works. The course includes life insurance, health insurance, disability insurance, homeowners insurance, renters insurance, auto insurance, and umbrella insurance. You will also learn about estate planning, including the documents involved and special considerations for new parents.
This course helps you understand how protecting your money is an important part of financial planning. It is geared towards learners in the United States of America. It is part of The Fundamentals of Personal Finance specialization but can be taken as a standalone course as well.
Understanding Basic Insurance Concepts
Protecting Against Death and Disability
Insuring Your Home Apartment or Car
Implementing Estate Documentation
These are Some of the Important Money Lessons that School Failed to Teach Us to Become Wealthy
By understanding the true nature of money, investing wisely, leveraging debt, avoiding social pressure, optimizing tax strategies, and focusing on production, we can break out of the conventional system and achieve financial security. It’s crucial to educate ourselves and take control of our financial future.
If you want to learn how to make smart financial decisions, save more and eliminate debt, you’re in luck. Today there are plenty of free online personal finance classes to sharpen your money-management skills.
Keep in mind that online personal finance courses should be seen as an education resource and not specific personal financial advice “The information learned from taking a MKS Master Key Personal Finance Course should be applied within the context of your own financial situation, rather than following everything that is taught 100% to a T.
Too often, people read or hear something from a personal finance expert or a course that they are compelled to act on. Some things that you learn about in a personal finance course may not be applicable to you or may not be appropriate to implement in your own life.
MKS Master Key Personal Finance Course lessons can not only help you boost your money-management skills but may also inspire you to reflect on saving and spending patterns and help you build a strong foundation for success.
MKS Master Key Personal Finance Course lessons also drill down into topics including Roth IRAs, 401(k)s, stocks, bonds, certificates of deposit and strategies for eliminating credit card debt. In a nutshell, it can never hurt to try and be better informed about how you spend money.
Got $400 a Month? Here’s How to Turn It Into a $3 Million Nest Egg
if you sock away $400 a month over a 43-year period, and your invested savings generate an average annual 10.5% return, then you’ll end up with $3.3 million. And that should be enough money to enjoy your military retirement to the fullest.
From 1957 through 2021, the S&P 500 index graced investors with an average annual return of 10.5%.
If you don’t manage to start saving for retirement until age 30, and you can’t swing more than $400 a month in your IRA or 401(k), then you may need to work until your early 70s to hit that $3 million target.
How can an 18 year old, brand new in the military and on a low income ever hope to become a millionaire?
IT IS EASY! Put $400.00 per month into the ROTH TSP and Become a Millionaire under the Law of Compound Interest.
Get together with someone who is TSP savvy and ask them where you should put your money and then leave it. Put the money in and forget about it until you get out of the military.
If you (at age 18) do this for 4 years, then you will be a millionaire by the time you retire at 65. You may have many millions of dollars depending on what mutual funds you choose.
How does this work? How does $400.00 per month make me a millionaire: The math is simple:
Year 1: You put in $4,800. You have 47 years until retirement. If you invest your money and receive a 10% annual rate of return, your $4,800 will turn into $423,000 at age 65.
Year 2: You put in an additional $4,800. You have 46 years until retirement. If you invest your money and receive a 10% annual rate of return, your $4,800 will turn into $384,000 at age 65.
Year 3: You put in an additional $4,800. You have 45 years until retirement. If you invest your money and receive a 10% annual rate of return, your $4,800 will turn into $350,000 at age 65.
Year 4: You put in a final $4,800. You have 44 years until retirement. If you invest your money and receive a 10% annual rate of return, your $4,800 will turn into $318,000 at age 65.
If you add up the retirement values of your investments, you come up with $1,475,000.
The most significant factors working against your millionaire status are debt and time. Becoming a millionaire is possible, no matter your situation, so long as you can keep these two factors on your side. If you can avoid consumer debt and start investing every month when you’re in your 20s or 30s, you can be a millionaire by the time you retire. …
Retire from Your Military Career Financially Free
Contact and Join MKS Master Key Personal Finance Coaching to Become Wealthy.
Do you want to learn how to build wealth and achieve great success by the time you leave the service?
Sometimes you just need someone to break it down and show you step-by-step how to do it. We offer programs at various levels ranging from free / get started bootcamps to hands-on / step-by-step programs that have changes lives.
You’ll learn how you use your military benefits to build wealth through real estate investing, entrepreneurship, and personal finance…so you never have to work a day in your post-military life.
We’ll help you eliminate some of the Biggest Financial Mistakes Young Adults Make and how to manage your money better while utilizing and practicing your other skills so You Achieve Financial Freedom and Success.
Military Service Members And Veterans Only
Our Mission:
Our Mission is to help service members, veterans, and their families learn how to build wealth through entrepreneurship,small business,real estate investing, entrepreneurship, and personal finance!
If you’re considering joining the military, or already serve, and want to make the most out of your career while building passive income for after your service ends, this is for you.
We’ll help you FREE eliminate some of the Biggest Financial Mistakes Military Members Make and help you to manage your money better while utilizing and practicing your other skills so You Achieve Financial Freedom and Success.
Live Long and Prosperously,
Reitenbach-Kissinger Institute
Michael Kissinger is Universal Law-Business Results Expert-Offering Proven Business Profit Optimization Results, Cash Flow Maximization, Funding, Marketing, Sales, Management, Leadership Coaching. Helped 10K+ Owners Earn/Save $1 Billion+ and an Honorably Discharged US Army Special Forces Member
Text: 650-515-7545
Email: mjkkissinger@yahoo.com
Any Person Who Does this Becomes RICH Regardless Of Their Current Situation