By Rick Rodgers
• Hire a financial adviser. It’s not easy to stay the course. You often need an independent third party to remind you of your goals and help you make the right financial moves — especially during times of great uncertainty. A good financial adviser will try to help you develop a good investment strategy and keep you focused when you need it most. Investors often make their biggest mistakes by allowing emotions to interfere with good judgment. A financial adviser can help you keep your emotions in check.
Becoming a millionaire is not easy or there would be more of them! It takes discipline to live below your means and to save and invest. One of the millionaires interviewed by Dr. Stanley never made more than $60,000 per year.
“I have accumulated most of my net worth by living below my means,” she told him. “I have everything I want, but I have learned not to want too much.”
Certified Financial Planner® Rick Rodgers is president of Rodgers & Associates, “The Retirement Specialists,” in Lancaster, Pa., and author of The New Three-Legged Stool: A Tax Efficient Approach to Retirement Planning.
For more information, visit www.RodgersSpeaks.com.