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Brought
to you by:
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| Jeffrey N. Schweitzer, EPA, CEP, ATP
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| Northeast Financial Strategies Inc
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About Our Firm:
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Offering Financial & Estate Planning, Investments, Insurance, Accounting, Payroll, and Income Tax Preparation for Individuals & Small Business. "Financial Strategies That Fit YOUR Needs!"
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| QUOTES from
the
Masters... |
| On Ideas |
On You Are Unique |
| "One
of the secrets to success is ideas mixed with inspiration." -–
Jim Rohn
"Be
willing to abandon your old ideas if someone comes up with something
new
and better." -– Brian Tracy
"There
is no money crisis, only an idea crisis. We need new ideas on how
we can do what we really want to do." -– Mark Victor Hansen
"Money
never starts an idea; it's the idea that starts the money." -–
Mark
Victor Hansen
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"There
is only one you for all time. Fearlessly be yourself." -- Anthony
Rapp
"You
are nature's greatest miracle. There never has been and never
will
be anyone just like you." -– Brian Tracy
"You
were born rich with 18 billion bountiful, beautiful, totally available
and in all probability under-used brain cells awaiting your desire,
decision
and directional compass to take you onward, upward, goodward and
Godward."
-– Mark Victor Hansen
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Capital Needed
to Replace Earning
Power
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Of all the assets
we own, our earning power -- our ability to earn an income -- is the
most
valuable!
How
much capital would it take to replace your annual earning power?
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This is the amount of capital required to provide that monthly income, assuming your capital earns an annual interest rate of:
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For each year that you need this much monthly income:
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4%
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6%
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8%
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10%
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$
2,000
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$ 600,000
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$ 400,000
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$300,000
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$240,000
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4,000
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1,200,000
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800,000
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600,000
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480,000
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6,000
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1,800,000
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1,200,000
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900,000
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720,000
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8,000
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2,400,000
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1,600,000
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1,200,000
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960,000
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10,000
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3,000,000
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2,000,000
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1,500,000
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1,200,000
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For
example, $1.2
million of capital earning
6%
annually will produce $72,000 of income, or enough to replace the
income
of someone earning $6,000 per month.
This
example is based on the capital retention method, which uses interest
return only to provide income. Principal is not liquidated and
remains available.
This is a hypothetical illustration only and is not indicative of any
particular investment or investment performance. It does not
reflect the fees and expenses associated with any particular
investment, which would reduce the performance shown in this
hypothetical illustration if they were included. In addition,
rates of return will vary over time, particularly for long-term
investments.
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Will you have
sufficient capital available to replace your earning power in the event
of death, disability or retirement?
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| MESSAGES
from
the Masters... |
CREATING
OPPORTUNITY by Jim Rohn
An
enterprising person is one who comes across a pile of scrap metal and
sees
the making of a wonderful sculpture. An enterprising person is one who
drives through an old decrepit part of town and sees a new housing
development.
An enterprising person is one who sees opportunity in all areas of life.
To
be enterprising is to keep your eyes open and your mind active.
It's
to be skilled enough, confident enough, creative enough and disciplined
enough to seize opportunities that present themselves...regardless of
the
economy.
A person
with an enterprising attitude says, "Find out what you can before
action
is taken." Do your homework. Do the research. Be prepared. Be
resourceful.
Do all you can in preparation of what's to come.
Enterprising
people always see the future in the present. Enterprising people
always find a way to take advantage of a situation, not be burdened by
it. And enterprising people aren't lazy. They don't wait for
opportunities
to come to them, they go after the opportunities. Enterprise
means
always finding a way to keep yourself actively working toward your
ambition.
Enterprise
is two things. The first is creativity. You need creativity to
see
what's out there and to shape it to your advantage. You need
creativity
to look at the world a little differently. You need creativity to
take a different approach, to be different.
What
goes hand-in-hand with the creativity of enterprise is the second
requirement:
the courage to be creative. You need courage to see things differently,
courage to go against the crowd, courage to take a different approach,
courage to stand alone if you have to, courage to choose activity over
inactivity.
And
lastly, being enterprising doesn't just relate to the ability to make
money.
Being enterprising also means feeling good enough about yourself,
having
enough self worth to want to seek advantages and opportunities that
will
make a difference in your future. And by doing so you will increase
your
confidence, your courage, your creativity and your self-worth –
your enterprising
nature.
To
Your Success,
Jim
Rohn
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