Your Earning Power

Your Earning Power

Few people realize that a 30-year-old couple will earn 3.5 million dollars by age 65 if their total family income averages $100,000 for their entire careers and they get no raises.

How much will you and your family earn before you get to 65 years old. Use the following formula to calculate it. Just enter your age and your income per year. Then click the CALCULATE button.

What will you do with your earning power and what will you have to show for it in the future?  It is a matter of choice

The fact of the matter is that you’re the only one who can decide what to do with your earning power and, by extension, with your life.  The two are inextricably linked.  Decisions on what you want to do with your earning power come from answering questions such as:

  • Where do I want to live?  Do I want to own my own home?  Where? What kind of home?
  • What kind of lifestyle do I want to have?  Vacations?  Entertainment and leisure activities?  Automobile choices?
  • Do I want to pay the bill for my kids to attend college?  Public or private?
  • Do I want to start my own business some day?
  • Do I want to reach an age by which I can afford to stop working if I want?
  • Do I want to live strictly for today…strictly for tomorrow…or enjoy today while still providing for tomorrow?
  • Do I want to help my family, those in need, my community, church?

 If you think of life as a journey, answers to questions such as these become your destinations on the journey of life.

Remember…people don’t plan to fail…they fail to plan.

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