Retire Rich
Contentment is the only real wealth. Alfred Nobel The benefits of retiring rich can include freedom from worries about comfortable housing and quality health care as well as affording travel, supporting loved ones, enjoying hobbies, leaving a legacy and more. Here’s a video for building retirement wealth after fifty. See Also: 7 Habits of the Quietly Wealthy Retiree, 12 Minutes 6 Retirement Planning Hacks That Actually Save You Money, 6 Minutes Generational Wealth Stats from Dave Ramsey: 5 Ways to spend in Retirement and Build Lasting Legacy, 8 Minutes ********** Here are PacificLife.com’s “4 Ways to Help Turn Income into Wealth.” First, increase savings by reducing debt, tracking expenses and calculating retirement needs. Second, diversify money by placing in various investments, including those that provide equity and cash flow. Third, create generational wealth, like owning a home, life insurance and an annuity with beneficiary benefits. Wealth can also be shared while living by: Helping a family member make a home down payment or start a business. Providing educational assistance for a college education or through direct payment to the school. Paying for a family member’s medical expenses. Owning a business that can be passed to the next generation. Fourth, Learn about building wealth by, Consulting a financial professional who can navigate complex, wealth-building strategies. Studying investing and entrepreneurship.. Investopedia’s “7 Simple Steps to Build Personal Wealth” reminds to earn enough to cover basic needs, save, invest and protect assets. Also, have clear financial goals while managing debt. GuardianLife defines wealth as, “the total value of assets … minus any debts or liabilities.” Assets can include cash, savings and checking accounts. Also, real estate, vehicles, jewelry and collectibles. Business interests can be added as well as copyrights, patents, life insurance policies. In their post “How to Build Wealth in 9 Steps,” recommendations include these types of insurance, Health, to protect from paying catastrophic medical bills Disability, when unable to work due to illness or injury Homeowner, to be reimbursed should home or property be destroyed Umbrella, to protect assets from lawsuits Life, to protect family finances. [Remember, permanent life insurance (as opposed to term life) can also serve as a tax-advantaged savings vehicle, thereby serving double duty.] If wondering “How to Build Wealth when You Don’t Come from Money,” Harvard Business Review answers, Release the belief that wealth is meant for a special few. Believe abundance is deserved. Allow that lots of money can do much good. Understand building wealth requires intention and expenses management. Know that, according to the 2025 Credit Suisse Global Wealth Report, millionaires represent less than 9% of the United States population. Yet, that report noted that in 2020 alone, the United States had 1.7 new millionaires. According to business theorist Thomas J. Stanley who studied more than 1,000 millionaires for his book The Millionaire Next Door, 80% of U.S. millionaires are first-generation “rich.” They didn’t inherit their wealth, but built it. Keep in mind, All the breaks you need in life wait within your imagination. Imagination is the workshop of your mind, capable of turning mind energy into accomplishment and wealth. — Napoleon Hill Succeed and Soar! Sandra Gould Ford Presenting arts experiences to encourage, refresh, enrich creative thinking and inspire. ********** Radiant Tree Books The Best Journey presents wisdom for a well-lived life. The book contains vibrant photographs taken at Latrobe, Pennsylvania’s Amtrak station. The book is also a journal with space for personal notes. This beautiful, 5×8″, 32-page book vividly illustrates precious wisdoms for life well lived. Also available for immediate, PDF download. A lovely gift. Book $12.50 Instant Download PDF $9.99 Preview and Purchase Thanks for shopping!
2nd Path to Joy 2023, Financial Health
They key to understanding if something is truly precious is to ask if we can hold it, for things truly precious cannot be held. Craig D. Lounsbrough All “Illustrated Wisdoms” in this 2023 Paths to Joy were created by splattering viscous Dylusions shimmer spray on 11×14, 98 pound, Canson mixed media paper, then spritzing with water to see how the colors would run and gather. When dry, the above quote was evoked by “feathering” with water washes and tempera paints, meant to suggest the power of the oceans and of music. The final work was creating the darkness in upper right corner so that the stars could be seen and the universe’s vastness suggested. How Louisbrough’s quote was interpreted: When the paper dried, upright, a ruler was used to draw the two-tone [green and gold] rectangular shape with water soluble ink pencils [Derwent]. The lines were softened with light water spritzes, suggesting the ephemeral and ethereal eternal. What do you see? Write me. PS Art is available with and without the quote. Shop Sandra’s Galleries. Paths to Joy 2023 updates and enhances a series first presented in 2020. It was adapted from The Treasure Chest, published by National Religious Press, which no longer exists. The 2nd Path to Joy encouraged financial prudence and care for material resources. Have you heard the saying that money is the root of all evil? Author Mark Twain’s response was, “The lack of money is the root of all evil.” With that belief, Life Onyx lists six “Fantastic Benefits of Being Wealthy,” which include, Access to the best levels of care and medical resources. The wealthy access expensive, higher quality food, some not always available to the public. During disasters, the wealthy can leave quickly. They also access elite classes of insurance that provide secure evacuations and recovery of luxury items. Read more To become rich, Life Hack suggests, Think about what people need, or things that could improve society, which could become a trending product in the future. Cut expenses Do one thing better than anyone. Work on it, train it, learn it, practice, evaluate and refine it. Read more Eric Kim’s 35 tips for becoming wealthy include, Never be an early adopter Only own one of each thing Anchor your mind to lower prices Don’t become a slave to money. Let money become your slave. Read more Hold onto your money! Several months ago, this note arrived from retirementinvestments.com: I spent a couple of hours checking out your site, [SuccedandSoar.com] and honestly, it’s great. You have fantastic content, and that’s why I want to reach out to you. I was originally researching for my article, Personal Finance 101: How To Manage Your Money Effectively. Here’s the thoughtful article about investing for retirement. BTW, through May, 202, SucceedandSoar.com. contained over 100 posts. I’m now updating the blog so that — in the next few weeks — the nearly 200 arts inspirations E-Mailed since October 31,2019 can be viewed online. [Six were added today!] While planning this post, I was thrilled about sharing Jim Rohn’s video, “Why You Must Be Rich. Wealth Is A Power.” Today, I discovered it’s no longer available. Darn! It was so inspiring. Fortunately, these three reasons to become financially independent were noted: Money is no longer a time-consuming consideration The ability to help others from a position of strength is tremendously increased More resources are available to develop the person you must become In the video, Rohn also stated, “The millions are not important. what you do and how you become wealthy is most important.” View the above “CAN MONEY BUY HAPPINESS” VIDEO HERE [2 minutes, 49 seconds] Answer: Yes! This 12-minute video explains the science of HOW TO BUY HAPPINESS WITH MONEY. Also check out comedian [and new Shark Tank investor] Kevin Hart talking to Joe Rogan about learning “The Importance of Financial Freedom” VIEW HERE [12 minutes] Contains Adult Language. This Month, Shop Sandra’s Art on Onesies As well as tote bags, tee shirts, journals, puzzles, phone cases, ornaments, face masks, towels, blankets, cups, pillows, shower curtains and more The high quality and unique Onesies produced by Fine Art America: Come in four sizes [6 months, 12 months, 18 months, 24 months] Are 100% pre-shrunk cotton Offer choice of 12 colors [including white, gold, pink, red, Kelly green and more] Are machine washable Price: $26 CUSTOMIZE. Use tools with item to: Enlarge, reduce size of art Change placement of art and text Choose from twelve, onesie colors Purchase this onesie [choose from 4 sizes] Shop All Art and Collections HERE. Depending on Browser, Puzzles may be a stand-alone category or listed in Lifestyle Section. Thanks for shopping!