During this week’s wisdom, we’re going to talk about the value of systematic savings over a long period of time. It happens all to often where we procrastinate over saving, waiting to start a savings plan when certain things happen in our lives.
The oppotunity to start saving a is in fact today! If you save $500 per month and earn 7% interest over 30 years, you would accumulate $600,000. What if you saved $1000 per month earning the same interest rate? You would accumulate $1.2M over 30 years and $1500 per month could get you over $1.8M.
It’s not about trying to pick the hottest stock and makeing a tone of money in a short space of time. It’s not about saving later, it’s about displined savings each and ever month over a long period of time.
Start a savings plan today, it’ll really help you “Get There”!
Rees Bridges brings a unique value to the IFW as both a highly accomplished creative professional and a successful financial services executive to serve in his role as Senior VP, Marketing & Communications.
Over the last decade Rees has served as the lead marketing & communications professional for a Fortune 500 Financial Services firm. He oversaw all advisor marketing strategies, client communications, and the entire firms branding and marketing initiatives.
Rees continues to pursue his passions as a creative professional & musician for over 30 years, with an impressive profile and reputation as a designer, performer, teacher, and studio musician. Here is a little secret: He serves in the role as an international clinician for Mapex drums, Paiste Cymbals and held the record for world’s fastest drummer between 2006 and 2007.
Rees grew up in London, England and currently resides in Miami, Florida. When not at work, he enjoys spending time with family and friends, traveling, and indulging in his passions for music and creative pursuits.
