01 Aug 2010 @ 9:43 PM 

How would you like your money, Tax­able, Tax Deferred or Tax Free?

Over a twenty year period, do you know the accu­mu­lat­ing affects of pay­ing taxes on your wealth build­ing ability?

Let’s say you have one dol­lar. And let’s say you are able to dou­ble that dol­lar every year for twenty years. Do you know how much you would have at the end of the twen­ti­eth year?

Answer: $1,048,576.

But that is only if you do not have to pay taxes on that money.

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Posted By: Jennifer
Last Edit: 13 Sep 2011 @ 09:38 PM

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