“Considering that she started saving three years ago, she has done well, ... I applaud her choice to put more emphasis on quality of life and her lack of debt.”
“He needs to maximize his savings for his own retirement as well as his daughter's education, yet his debt is absorbing 43 percent of his monthly income.”
“If he saves a total of $15,000 per year, assuming an 8 percent rate of return, he should have more than $1 million by the time he's 65, or even more if he can earn a higher rate of return.”
“Financial freedom is so intertwined with what a person wants to achieve in life. It doesn't necessarily mean never having to work again, but instead has more to do with realizing your own dreams.”
“Even for middle-income and upper middle-income clients, when I tell them they are looking at sometimes half a million dollars or more they'll need to leave behind, they usually say they don't have it,”
