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Letter "R" » Ron Pearson Quotes
«It's not easy, the money only goes so far,»
«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.»
«She is off to a good start, ... and with savings discipline, she has a good chance of achieving her goals.»
«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.»
«quality funds in a well-diversified portfolio that earned 9.3 percent (all accounts) in the last 12 months, whereas the S&P 500 lost 14.8 percent.»
«Therefore, a portfolio with 10 or even 15 funds is not uncommon.»
«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,»