Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

Make More Money the Easy Way

Make More Money the Easy Way

Laboring for every dollar you earn is one thing. Getting it by investing wisely is another. There’s almost certainly less labor involved. Many people think smart investing is the most reliable way to get rich.

One excellent way to do this is to start saving early! If you are able to put aside $20,000 by the time you’re 35 years of age, you’ll have $142,000 by the time you are 65 (at a 7% return). But if you wait to invest $20,000 when you are 45, you’ll only have $81,000 when you are 65 (also at a 7% return). Delaying ten years costs you almost half of what you would otherwise have at retirement. The results are even worse, even heartbreaking, if you delay until 55 (see chart below).


Invest $20,000 at Different Ages
(Based on 7% return per year)

Age at Initial Investment Return at age 65
35 $142,000.00
45 $ 81,000.00
55 $ 40,000.00

When the amount of money invested (at any age) is more,
the return is proportionately greater.

Most financial advisers suggest maxing out any tax advantaged retirement plan preferentially before saving in taxed accounts. This means even greater return on your money because it is not taxed during the accumulation phase, but when it is taken out.

Essentially, the more you have to invest plus the longer you have to do it, the more reward you will glean. It’s delaying gratification now for a greater reward later.





Make More Money the Easy Way - To learn more about this author, visit Shirley Mueller's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

George Ludwig
George Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


Shirley Mueller
(Visit Shirley's Website) Shirley M Mueller turned every doctor's fear - inability to invest his or her hard earned money wisely - into her greatest passion. While practicing medicine, she handled seven family investment accounts. When she retired from medicine in 1995, she worked for seven years in the investment industry. Now, she writes regularly for Physician's Financial News, a money management internet publication directed at doctors. Dr. Mueller also educates, both one on one and publicly, about how to effectively self-invest using a simple and effective three-step approach. Recently she gave lectures regarding this topic at Indiana/Purdue University. Mueller specializes in client-managed investment portfolios for which she provides unbiased information. She is not associated with a firm for whom she has to promote a party line. Her fee is hourly, not a percentage of assets.

Shirley Mueller is a Gold author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
Shirley Mueller Video - Shirley Mueller speaks on Gender & Money - Why Should Women Take An Active Role? Are they up to the task?
View Author Video

Free Downloads


Shirley Mueller's

Complete
List Of
Women-Entrepreneurs
Articles

Name
Email
If you enjoyed this article, get Shirley Mueller's Complete List of Women-Entrepreneurs Articles For FREE!

More Shirley Mueller
Business Decisions How to make them more effective
Bernie Madoff American Deception
The X and Y Fighting Factors under Stress Fresh Insights
Suze Orman is Wrong
Why Women Entrepreneurs Differ from Men
A Positive In a Down Market
Make More Money the Easy Way
Would more women in the markets stabilize them
Investing for Entrepreneurs Navigating Emotional Mindfields
Gender and Money Sex Matters
Free Downloads


 
 
 


Evan Elite Authors
David Acheson  
George Ludwig  
Joe Dager  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Biography Icon Biography
Pro-Forma Template Icon Pro-Forma Template
Managing the Unimaginable Icon Managing the Unimaginable
Leadership 2.0 Icon Leadership 2.0
The Evolution Of Networking Icon The Evolution Of Networking
Free Downloads - Complete List

Entrepreneur Tools and Guides
More PR Resources
More PR Resources
Press Release Builder
 
Guide To ERP Software / Business Management Software
Guide To ERP Software
Business Management Software
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
John King Arthur Cape Coast, Ghana,
John King Arthur
Cape Coast, Ghana
SEO For Africa

If I Were A Startup...
Dana Zita, > $2.5 Mil in revenues
Dana Zita
> $2.5 Mil in revenues
Travis Hartley, 426% Growth in 2 Years
Travis Hartley
426% Growth in 2 Years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Sean Diddy Combs, Bad Boy
Vince McMahon, WWE
Famous Entrepreneurs - Complete List

Entrepreneur Advice
David Allen, Getting Things Done
David Allen
Getting Things Done
John Jantsch, Duct Tape Marketing
John Jantsch
Duct Tape Marketing
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Discover How Using Your Auto Responder will Benefit Your Internet Home Based Business
By Michelle Jayes
     5 Reasons why Having an Internet Based Home Business and being Self Employed is Great
By Michelle Jayes
     Learn How Setting a Budget and Sticking to it can Help Your Success in Your Internet Home Business
By Michelle Jayes

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information